Ours to Save

Share this post
Debt-for-climate swaps: climate justice in action?
www.ourstosave.com

Debt-for-climate swaps: climate justice in action?

With President Fernández rebuking Argentina's debt to the IMF, and calling for climate reparations, we put the solution under the microscope.

Sep 27, 2021
1
Share this post
Debt-for-climate swaps: climate justice in action?
www.ourstosave.com

Argentina is in a sticky situation with the IMF (International Money Fund) at the moment. In 2018, the country took a loan from the Fund. And it wasn’t just any loan, but – at a value of $57B – the highest loan given out in the IMF’s history. 

The last administration failed to use this massive loan to stabilise Argentina’s economy. Current president Albe…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2023 Ours to Save
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing