Unknown

Dataset Information

0

Are debt-for-nature swaps scalable: Which nature, how much debt, and who pays?


ABSTRACT: With the ongoing sovereign debt and biodiversity crises in many emerging economies, applications of debt-for-nature swaps as a dual solution for sovereign debt and nature conservation have been re-emerging. We analyze how debt-for-nature swaps (DNS) can be scaled to protect biodiversity priority areas and reduce debt burden. We build a dataset for biodiversity conservation and debt restructuring in 67 countries at risk of sovereign debt distress and show that they hold over 22% of global biodiversity priority areas, 82.96% of which are unprotected. Furthermore, we show that for 35 of the 67 countries, using conservative cost estimates, 100% of unprotected biodiversity priority areas could be protected for a fraction of debt; for the remaining countries, applying DNS would allow the protection of 11-13% of currently unprotected biodiversity priority areas. By applying interdisciplinary research combining fundamental biodiversity and economic data and methods merging, the research contributes methodologically and practically to the understanding of debt-for-nature swaps for emerging economies.

SUBMITTER: Nedopil C 

PROVIDER: S-EPMC10692041 | biostudies-literature | 2024 Jan

REPOSITORIES: biostudies-literature

altmetric image

Publications

Are debt-for-nature swaps scalable: Which nature, how much debt, and who pays?

Nedopil Christoph C   Yue Mengdi M   Hughes Alice C AC  

Ambio 20230902 1


With the ongoing sovereign debt and biodiversity crises in many emerging economies, applications of debt-for-nature swaps as a dual solution for sovereign debt and nature conservation have been re-emerging. We analyze how debt-for-nature swaps (DNS) can be scaled to protect biodiversity priority areas and reduce debt burden. We build a dataset for biodiversity conservation and debt restructuring in 67 countries at risk of sovereign debt distress and show that they hold over 22% of global biodive  ...[more]

Similar Datasets

| S-EPMC10877712 | biostudies-literature
| S-EPMC6398787 | biostudies-literature
| S-EPMC8035411 | biostudies-literature
| S-EPMC4219172 | biostudies-literature
| S-EPMC3387390 | biostudies-literature
| S-EPMC7719960 | biostudies-literature
| S-EPMC10407787 | biostudies-literature
| S-EPMC7705353 | biostudies-literature
| S-EPMC6855380 | biostudies-literature
| S-EPMC7718908 | biostudies-literature