Debt-for-climate swaps can help developing countries make a green recovery – Climate Home

Comment: In Argentina, green debt relief has supported forest conservation, an approach that can and should be scaled up as coronavirus stretches budgets At last months meetings of the International Monetary Fund (IMF), three topics dominated the conversation: the coronavirus pandemic, greening the recovery, and climate change. For many developing countries, especially the poorest, the…

Small business to get help in restructuring debts under two new schemes – The Straits Times

SINGAPORE – Help is at hand for small firms in financial distress due to Covid-19. One initiative will assist sole proprietors or partnerships restructure unsecured debt such as credit card bills or loans secured without collateral. Another scheme will help small- and medium-sized enterprises (SMEs) work out their credit facilities across multiple banks and finance…