¡Ecuador logra reducir 800 millones de dólares de deuda hasta 2035 para conservar la Amazonía! 🇪🇨👏
El presidente @DanielNoboaOk participó del anunció de la primera conversión de deuda destinada a la conservación de la Amazonía ecuatoriana. Esto permitió refinanciar aproximadamente USD 1.530 millones en bonos globales mediante un crédito de USD 1.000 millones con mejores condiciones, lo que reducirá el servicio de la deuda en más de USD 800 millones hasta 2035.
Con esto se generarán beneficios financieros y ambientales, al destinar recursos para el Programa Biocorredor Amazónico (BCA).
#ElNuevoEcuadorResuelve
.@MSuzman discusses the factors driving the debt crisis in the developing world—and explains how the leaders of global financial institutions and Western governments can help low-income countries outgrow their debt, perhaps for good.
https://t.co/4t2vps3Opm
@mkessler_DC@ChAlbinet@chekir Wondering about the usefulness of Debt-to-Sustainability Swaps, how much they can reduce debt, & the conditions for meaningful sustainability impact?We propose an evaluation framework & a #CheckList for policymakers to improve their performance
#PolicyMaking#Sustainability#Debt
@mkessler_DC@ChAlbinet@chekir D2S are no solution to sovereign debt crises, but an important instrument to manage financial and sustainability risks, in specific contexts. As more transactions emerge, lessons learned will allow for greater efficiency and scale.🔗Link to Policy Paper 👇
https://t.co/3kBfRA4KCO
🆕📰The Paris Summit for a #NewGlobalFinancingPact promised a new era for #Fin4Dev but until then, are #MDBs & DFIs operating at maximum efficiency? Marcus Fedder @omru651 @tcxfund highlights lack of leverage & other inefficiencies hindering progress
👉https://t.co/0VlFbYSEIS
Total external debt of DE&EM countries (w/o China) reached new heights, totalling an overall $6388 billion in 2021, an increase of 64,6% over the last decade. In 2021, out of $2936bn PPG debt, $1320 was owed to private bondholders (45%of the total against 32% in 2011) creditors
Choosing between two futures for development finance - read the joint comment piece by Daniel Cohen and @ishacdiwan@ProSyn@PSEinfo
https://t.co/kbVMdVxdG6
Official launch of @FinDevLab on 06/30.
Guest speakers include Esther Duflo, Ngozi Okonjo-Iweala (@NOIweala), Jose Antonio Gonzales Anaya & others. To register:
https://t.co/Rn87fureoL
Excited to announce the upcoming launch of the Finance for Development Lab (@FinDevLab ), a think-tank on development finance housed by the CEPREMAP, a research center at Paris School of Economics.
After months of hard work, I am excited to finally announce the upcoming launch of the Finance for Development Lab (@FinDevLab), a think-tank on development finance housed by the CEPREMAP, a research center at Paris School of Economics.