A Solution to Environmental Issues: Debt-for-Nature Swap

Yıl 2024, Cilt: 24 Sayı: 1, 153 - 176, 28.03.2024

Ebru Bilgin

https://doi.org/10.18037/ausbd.1371780

Öz

The financial crises of the 2000s have led to an evolution in the approaches of low and middle-income countries towards their external debt obligations. Within this framework, it has been assessed that focusing solely on the economic benefits of external financing is insufficient in terms of sustainability. New approaches to external financing are expected to integrate unique perspectives on environmental and social issues into the system. In this context, the Debt-for-Nature Swap mechanism, aiming to reconcile economic growth with sustainable development, has garnered attention. The primary objective of this study is to conduct an in-depth examination of the workings of the Debt-for-Nature Swap mechanism. Within this scope, the advantages and limitations of the mechanism will be discussed; additionally, the scale of its promised environmental contribution will be evaluated.

Anahtar Kelimeler

Environment, Debt, Debt-for-Nature Swap

Proje Numarası

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Çevre Sorunlarına Bir Çözüm: Borç-Doğa Takası

Öz

2000'li yılların başında yaşanan mali krizler, düşük ve orta gelirli ülkelerin dış borç yükümlülüklerine ilişkin yaklaşımlarının evrimleşmesine neden olmuştur. Bu nedenle, dış finansmanın sadece ekonomik faydalarına odaklanmanın sürdürülebilirlik açısından yetersiz olduğu anlaşılmıştır. Geliştirilecek yeni dış finansman yaklaşımları ile çevresel ve toplumsal meselelere ilişkin özgün perspektiflerin sisteme entegre edilmesi beklenmektedir. Bu bağlamda gündeme gelen Borç-Doğa Takası mekanizması ekonomik büyüme ile sürdürülebilir kalkınmayı bir araya getirmeyi amaçlayan bir yaklaşım olması nedeniyle dikkat çekmektedir. Bu çalışmanın ana amacı Borç-Doğa Takası mekanizmasının işleyişini derinlemesine irdelemektir. İlgili kapsamda mekanizmanın avantaj ve sınırlılıkları tartışılacak; ek olarak vadettiği çevresel katkının ölçeği değerlendirilecektir.

Anahtar Kelimeler

Çevre, Borç, Borç-Doğa Takası

Etik Beyan

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Destekleyen Kurum

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Proje Numarası

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Teşekkür

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Kaynakça

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