Kenya

Debt-for-nature swaps and the oceans: The Belize Blue Bond

Debt-for-nature swaps and the oceans: The Belize Blue Bond

This second article of our series on financialisation and the blue economy covers TNC’s recent debt-for-ocean swap in Belize, news about TNC’s “audacious plan” of other debt swaps in other countries, the history of debt swaps and how the recent swaps reflect the financialisaton of conservation and finally, why these debt swaps are worrying for small-scale fisheries.