Jim Bromley, Co-Head of S&C’s Global Restructuring Practice, commented on the opportunity debt-for-nature swaps can offer Latin American countries looking for sustainable and creative restructuring options. He noted the importance of researching local regulations, as well as how to best preserve specific ecosystems and wildlife, as each debt-for-nature swap requires a unique structure.
“Different countries have distinctive characteristics,” Jim said. “For example, if protecting rainforest is a priority, you may want to prevent clear-cutting; or if the country is subject to rising ocean levels, you may look at financing resettlement for those impacted.”
Read “Debt-for-nature swaps: the future of LatAm conservation efforts?”