Ecuador has completed a $1.5 billion debt-for-nature swap to fund the Amazon Biocorridor Program, unlocking $460 million for conservation efforts over the next 17 years. This is Ecuador’s largest debt conversion to date and a global milestone for terrestrial and freshwater ecosystem protection.
The funds will be managed by the independent Amazon Biocorridor Fund, which will focus on transparent, community-driven conservation initiatives. Indigenous groups and local communities will play a key role in implementing the program. This groundbreaking debt-for-nature swap exemplifies how countries can tackle debt, conserve biodiversity, and bolster climate resilience simultaneously.
