Ecuador Announces First Debt Conversion for Amazon Conservation

Today, the Republic of Ecuador, with the support of The Nature Conservancy (TNC), the U.S. International Development Finance Corporation (DFC), the Inter-American Development Bank (IDB), and Bank of America, announced the financial close of a debt conversion facilitated by TNC’s Nature Bonds Program to advance the Amazon Biocorridor Program. The debt conversion refinanced approximately $1.53…

3 signs you need debt relief for 2025

2025 could be a smart time to start erasing your accumulated debt. Getty Images Optimism surrounding a declining inflation rate has waned in recent months as Americans saw inflation rise in October, November and December. That increase partially came during the Federal Reserve’s latest interest-rate-cutting campaign, which now seems halted until additional progress is made…