How to Use Debt-for-Climate and Debt-for-Nature Swaps as Tool of Financing and Aid Effectiveness through collaborative Partnerships

Date: 27 May 2024 

Time: 16:00 - 17:30 (4:00-5:30pm)

Location: Room 7

Debt-for-climate and Debt-for-Nature swaps align financial recovery efforts with robust climate action. By leveraging these swaps, distressed nations can not only revitalize their economies but also advance climate commitments outlined in their Nationally Determined Contributions (NDCs). This financing mechanism empowers SIDS to implement comprehensive climate resilience and adaptation measures, paving the way for sustainable development while meeting their debt obligations.

The United Nations Joint SDG Fund played a critical role in the implementation of a new wave of holistic financing strategies in the form of Integrated National Financing Frameworks (INFFs) across the world, which will facilitate transformative shifts in the way capital is allocated and monitored.

The side event will convene development partners and frame the conversation around the role of the United Nations Joint SDG Fund in supporting Governments overcome impediments to financing the SDGs. 

Event Information

Keynote and Opening remarksH.E. José Ulisses de Pina Correia e Silva, Prime Minister of the Republic of Cabo Verde  

Opening Video: Joint SDG Fund programmes in SIDS

Welcome: United Nations Joint SDG Fund or DCO representative

Panel:

  • Moderator: Mr. Jean-Paul Adam, Director of Policy and Advocacy, United Nations Office of the Special Adviser on Africa
  • Mr. Ed Mountfield, Vice President for Operations Policy and Country Services at the World Bank
  • Mr. Nuno Sampaio, Secretary of State for Foreign Affairs and Cooperation, Portugal 
  • *Further panelists to be determined at a later time. 
Panel:

  • Moderator: Mr. Kevin Bender, Director of Greening Sovereign Debt, The Nature Conservancy
  • *Further panelists to be determined at a later time. 

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