Explaining the DFC concept during a lecture on a just and equitable energy transition for Africa at the Center for Global Development in Washington D.C, Osinbajo stated that “debt for climate swaps is a type of debt swap where bilateral or multilateral debt is forgiven by creditors in exchange for a commitment by the debtor to use the outstanding debt service payments for national climate action programmes.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How multinational tobacco companies aid Illicit financial flows in Nigeria, others - Report | The Guardian Nigeria News - Nigeria and World NewsTobacco multinationals in Nigeria and other African Countries are contributing significantly to illicit financial flows in the continent mainly through tax avoidance and evasion, a new report said. The report titled ‘Tobacco Industry and Illicit Financial Flows in Africa” was conducted by the Civil Society Legislative Advocacy Centre (CISLAC) in collaboration with Tax Justice Network […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Osinbajo advocates debt-for-climate swap, African nations' participation in carbon marketIn a call that can at once significantly advance the course of global net-zero emissions targets, facilitate energy access and the development of African
Source: Daily Trust - 🏆 13. / 51 Read more »