Examining the interconnection between debt, climate change, and conservation : the potential role of state-contingent debt instruments in Africa

Abstract

This article investigates the link between debt, climate change, and conservation in Africa. It focuses on the possibility of the use of State-Contingent Debt Instruments (SCDIs) in this setting. The objective is to assess the efficacy of SCDIs in fostering sustainable debt management while also promoting climate adaptation, mitigation, and conservation efforts. While these instruments have garnered interest in the global financial landscape, their implementation in Africa requires further scrutiny. This gap may leave policymakers and stakeholders unsure about the potential success of using these tools to promote economic resilience and environmental sustainability.