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ESCWA Paper Debt Swap For Climate and SDGs Finance by د.آمال إسماعيل جالوس is a document available to read on EtoBox.
The ESCWA discussion paper explores the concept of debt swaps as a mechanism to alleviate debt burdens and enhance climate finance in the Arab region. It highlights the severe debt vulnerabilities faced by low- and middle-income countries, exacerbated by the COVID-19 pandemic, and argues for debt swaps to free up fiscal space for essential expenditures. The paper outlines historical examples of debt swaps and proposes a practical Debt Swap Mechanism to support sustainable development and climate action fina
- Author
- د.آمال إسماعيل جالوس
- Language
- EN