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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China Unveils 10 Trillion Yuan Debt Swap Program to Stabilize Economy
China launches a 10 trillion yuan debt swap program to stabilize its economy by providing local governments with resources to manage accumulated debts.