October 21, 2021 |
Argentine President Alberto Fernández called on the international financial community to consider swapping sovereign debt for commitments to fight climate change, helping at the same time to ease the financial strain on developing countries as they emerge from the COVID-19-led economic crisis.
"Debt swaps for climate action should be the object of our attention," he said at the annual conference of South American development bank CAF on Tuesday..
The president said it should be possible for sove
President Fernández says it will help developing countries reduce debt and emerge from the COVID-19 crisis