Clean Up Your Water And We’ll Lower Your Debt

22m ·

Clean Up Your Water And We’ll Lower Your Debt

There’s a new way for some countries struggling under piles of debt to get relief: by agreeing to spend part of the difference on the environment. The Nature Conservancy, the US-based environmental group, is teaming up with big financial institutions to offer what’s called Blue Bonds, or debt-for-nature swaps. The bank alleviates some of the country’s debt burden, and the government puts the savings toward restoring coral reefs and other environmental projects. Belize and the Seychelles are among a handful of nations that have taken the offer so far, and many more are in the works.

Bloomberg journalists Sydney Maki and Natasha White join this episode to explain how these complex deals work–and who’s profiting from the bargain.

Learn more about this story here: https://bloom.bg/3ZwzcdC

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Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

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  • Jasmin

    Packed with purpose! These short bites of knowledge and wonder will give you inspiration to stay on your mission, build consistency, and serve others with all your heart!

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    Evaa22

    Is that a prop 😂

    4 months ago·7 likes·
    martin

    I very much appreciate the podcast representation 🎉

    4 months ago·10 likes·
  • Roober54

    This one really hits home

    ·5 likes·
    Kimberly

    Good stuff keep it up

    4 months ago·10 likes·
    Jasmin

    Great episode loved 12:30 the most good interview

    4 months ago·5 likes·
  • Chris

    @Mario This podcast is super fun to listen to and motivating, keep those new episodes going

    ·1 like·
    Daisyee

    @Mario This podcast is super fun to listen to and motivating, keep those new episodes going

    4 months ago·3 likes·
    Roober54

    Great episode loved the thing but the intro was a little long

    4 months ago·5 likes·
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