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24 Aug 2023

Regional consultation on Climate/SDGs Debt Swap programme

Climate/SDGs Debt Swap initiative

In 2020, ESCWA launched the “Climate/SDGs Debt Swap – Donor Nexus Initiative” to help countries reduce external debt service burdens and generate fiscal space for investing in climate action.
 
On 21 August, ESCWA, in collaboration with the Open Society Foundations, organized a first regional consultation to provide civil society organizations (CSOs) with a platform that voices their priorities and concerns, and which takes their perspectives on developing the debt swap programme into consideration.
 
The consultation aimed to promote regional peer learning and sharing of experiences and to improve the capacity of CSOs to better understand the initiative and its impact on achieving national priorities.
 
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