Webinar Launch – China, Debt, Climate and Nature: Opportunities for Financial Stability
Can China implement debt-for-nature and debt-for-climate swaps to protect the environment and reduce global debt?
Join Boston University’s Global Development Policy (GDP) Center and special guests Carlos Larrea and Shuang Li for a webinar discussion and interactive launch on Wednesday, Feb. 3, 2021.
As the triple crises of climate change, debt and COVID-19 converge and compound one another, new research from the GDP Center identifies countries that would benefit from participating in debt-for-climate or debt-for-nature swaps with China. The country is also increasingly leading on climate and energy issues, pledging in September 2020 to be carbon neutral by 2060. Additionally, as the largest bilateral creditor in the world, China is in a unique position to propel pro-environmental debt restructuring into the next decade.
Based on research that will be published in a forthcoming edition of Science, the GDP Center has created an interactive allowing users to explore the potential for debt-for-climate and debt-for-nature swaps around the world. At the webinar launch, the GDP Center will present its findings, demonstrate the interactive and host a discussion with esteemed guests from Ecuador and China.
- Kevin P. Gallagher, Director, Global Development Policy Center; Professor of Global Development Policy, Boston University
- Carlos Larrea, Professor of Social Studies, Universidad Andina Simón Bolívar, Ecuador
- Shuang Liu, Senior Associate, Sustainable Finance Center, World Resources Institute
- Rebecca Ray, Senior Researcher, Global Development Policy Center, Boston University
- Blake Alexander Simmons, Post-Doctoral Research Fellow, Global Development Policy Center, Boston University
- 9:30 AM EST on Wednesday Feb. 3, 2021
- 10:30 AM EST on Wednesday Feb. 3,2021
- Via Zoom