How Belize Cut Its Debt by Fighting Global Warming – the New York Times
Belize faced an economic meltdown. The pandemic had sent it into its worst ever recession, putting the government on the brink of bankruptcy.
A solution came from unexpected quarters. A local marine biologist offered Prime Minister Johnny Briceño a novel proposal: Her nonprofit would lend the country money to pay its creditors if his government agreed to spend part of the savings this deal would generate to preserve its marine resources.