Work

Debt Swaps for Climate Change Adaptation and Mitigation: A Commonwealth Proposal

Year: 2015

Type: report

Abstract: The high debt burdens of small states, particularly countries in the Caribbean, are seriously hampering international efforts to build resilience against the effects of climate change. This discussion paper introduces the Commonwealth multilateral debt-for-climate swap initiative – a proposal that would provide significant debt relief for small states and unlock pledged climate finance to fund climate change adaptation and mitigation projects. The paper explains how the initiative would work in practice and examines the costs to donors and other key points for consideration.

Source: Commonwealth Secretariat discussion paper/Commonwealth Secretariat diiscussion paper

DOI: 10.14217/5js4t74262f7-en

Author: Travis Mitchell

Institution: Commonwealth Secretariat

Language: English

Topic: Climate Change Policy and Economics

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Climate action, Partnerships for the goals

Open Access status: hybrid

OpenAlex ID: W177268496

Cites:

Cited by: 4

Related to: 9