Sovereign Debt with Jill Dauchy cover image

Episode 32: Iolanda Fresnillo summarizes the risks and concerns related to debt swaps

Sovereign Debt with Jill Dauchy

CHAPTER

Conservation Funds and Governance in Debt Swaps

The chapter explores the setup of conservation funds in offshore locations to avoid government control, contrasting views on the necessity of government involvement in decision-making for conservation policies. It emphasizes the importance of governance and accountability in debt swaps, advocating for savings control by civil society and local stakeholders. The conversation delves into transparency issues, asymmetry between NGOs and governments, and the significance of local community buy-in to ensure the success of conservation projects and prevent risks like greenwashing.

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