An incentive for creditors to participate in debt relief in exchange for environmental investments. That might bring in new money or new actors. They “could even create additional revenue for countries with valuable biodiversity by allowing them to charge others for protecting it and providing a global public good”. But there are still questions over the relative merits of debt swaps compared to alternative measures such as conditional grants and comprehensive debt restructuring.
Source : https://www.undp.org/future-development/signals-spotlight/new-wave-debt-swaps-climate-or-nature