Ecuador

Financing the 30x30 agenda for the Oceans: Debt for Nature swaps should be rejected

Financing the 30x30 agenda for the Oceans: Debt for Nature swaps should be rejected

Joint statement - In the delivering on 30x30 and financing conservation, debt for nature swaps are gaining momentum. However, debt swaps should be rejected as they lack transparency and give undue power to foreign organisations over the policies of marine resources management of developing and small-island states.