Would you like to help countries preserve land, species, habitats and our water? Let’s make this happen together!
We would like creditor and debtor countries to swap sovereign debts for efforts to protect our natural resources. We call this approach Debt for Nature.
Such debt swaps are protecting dolphins in the Seychelles: the countries’ national debt interest was exchanged for $12 million to protect 15% of their ocean surface. Such approaches to debt can become even more crucial in these times of contracting economic activity due to the COVID-19 pandemic.
What if we swap debt for any natural resource?
We can make this happen if we promote collaboration between stakeholders, debtor and creditor countries.
We expect to bring this approach to the COP26 agenda. For that, we need to structure our Debt for Nature idea further, establish priorities in the natural resources to save, and to know to whom we need to talk. Can we include this approach in the EU Green Deal?
We believe this project can bring social benefits (creating biodiversity jobs, ecotourism programs), environmental benefits (preserving species and habitats), and economic benefits (relieving national debts of countries).
Come and take part of this journey as we reimagine how we can protect our planet on our way to a sustainable future.
Session 1 – Bringing Debt for Nature to life
Grant Holton, Bruno Afonso, Sustainavistas.Org
Bobby Fishkin, CrowdDoing.world
Wayne Visser, Antwerp Management School