
Barbados Pioneers World’s First Debt Swap for Climate Resilience
Barbados has made history with the world’s first debt-for-climate-resilience swap, converting national debt into vital climate and water infrastructure projects.
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Barbados has made history with the world’s first debt-for-climate-resilience swap, converting national debt into vital climate and water infrastructure projects.
Barbados faces severe sargassum seaweed overgrowth affecting tourism and fishing industries, driven by global warming and industrial wastewater.
Barbados Prime Minister Mia Amor Mottley warns that global efforts on climate change are not moving quickly enough, calling for accelerated action and greater international cooperation.