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European Defence Bonds – Can Capital Markets Fund Europe’s Security?

The European Commission unveiled new measures to help Member States ramp up defence spending by 2030 among mounting concerns about Europe's security. The proposals reflect a renewed push to coordinate spending and provide...more

Debt-for-nature swaps – a promising alternative to traditional financial sources

On 16 October 2024, the Republic of El Salvador ("El Salvador") announced the financial close of a US$1 billion debt-for-nature ("DFN") swap, which was both the world's largest conservation-focused operation of this kind to...more

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