Barbados has completed a unique debt-for-climate deal to fund water and sewage projects that can withstand climate change.
With help from international partners, Barbados replaced its old, expensive debt with cheaper financing. This saved US$125 million, which will be used to improve water management and make water and food more secure.
The post Barbados Does World’s First Climate Debt Swap For Water Plant. appeared first on The St Kitts Nevis Observer.