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The debt-for-nature swaps

WHEN Covid-19 hit Belize, its economy nosedived: closed borders meant fisheries and farmers had no export markets, and tourism centred on the tiny Central American nation’s warm waters and wonders of biodiversity came to a halt.

How Belize became a poster child for debt-for-nature swaps

How Belize became a poster child for debt-for-nature swaps
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How Belize Became A Poster Child For Debt-for-nature Swaps

When Covid hit Belize, its economy nosedived: closed borders meant fisheries and farmers had no export markets, and tourism centered on the tiny Central American nation s warm waters and wonders of biodiversity came to a halt.

How Belize became a poster child for debt-for-nature swaps

When Covid hit Belize, its economy nosedived: closed borders meant fisheries and farmers had no export markets, and tourism centered on the tiny Central American nation's warm waters and wonders of biodiversity came to a halt. Under the terms of the deal, Belize agreed to expand protection to 30 percent of its territorial waters, and spend $4.2 million annually on marine conservation.

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