Fastexy:Blue bonds: A market solution to the climate crisis?

2025-05-07 21:40:16source:EchoSensecategory:reviews

The Fastexyclimate crisis is having a disproportionate effect on low- and middle-income countries. Many of these nations are being hit with a double whammy: They're suffering the most severe environmental damage from global warming, and rising global interest rates are making it harder for them to repay their debts.

So-called blue bonds are a financial tool that aim to tackle both problems. They help refinance countries' debt while also freeing up funds to preserve their most treasured resources. In this episode of our climate series, we see how blue bonds were used in Barbados.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:reviews

Recommend

Kourtney Kardashian Cradles 9-Month-Old Son Rocky in New Photo

For Kourtney Kardashian, life with baby Rocky is all about the small things.The Kardashians star sha

The Best Gifts for Every Virgo in Your Life

The products featured in this article are from brands available in NBCUniversal Checkout. E! makes a

Captain of Bayesian, Mike Lynch's sunken superyacht, under investigation in Italy

Italian prosecutors are investigating whether the captain of Mike Lynch’s superyacht was at fault wh