The Bahamas will refinance part of its debt to protect its famous turquoise waters
- The Bahamas will refinance $300 million of its external debt, freeing up more than $120 million for marine conservation projects and climate change mitigation.
- The deal is the fifth debt-for-nature swap globally and involves The Nature Conservancy and the Inter-American Development Bank.
- The funds will support marine conservation efforts for the next 15 years, ensuring fisheries stability which generates $100 million annually from spiny lobsters.
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Total News Sources0
Leaning Left8Leaning Right2Center9Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 42%
C 47%
11%
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