Writer: Ziad Abdel Samad
Debt-for-climate swaps promise relief and a greener future—but often deliver symbolism over substance. In “Replacing Debt with Clean Energy: A Critical Approach to Climate Justice Deals,” Ziad Abdel Samad argues that power imbalances, narrow financial impact, weak safeguards, and new forms of conditionality keep debtor countries dependent. He calls for fairer designs that link genuine debt relief with technology transfer, institutional sovereignty, and a broader overhaul of climate and debt finance.
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