Biodiversity & Natural CapitalCase Study
11 min read·
Case study: Ecuador's Galápagos bond — sovereign debt-for-nature at scale
Analyzes Ecuador's landmark $1.6 billion debt-for-nature swap that created a $12 million annual conservation fund for the Galápagos Marine Reserve. Covers deal structuring with DFC and Credit Suisse, conservation outcomes, and replicability across 30+ eligible developing nations.