EMEA > Africa > BRIEFING: European creditors considering debt-for-carbon swaps with Senegal, Guinea-Bissau

BRIEFING: European creditors considering debt-for-carbon swaps with Senegal, Guinea-Bissau

Published 17:25 on March 31, 2026 / Last updated at 17:25 on March 31, 2026 / and / EMEA (Africa, Europe), Insights (Briefings), Voluntary (VCM Governance)

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At least two European creditor countries are willing to undertake ‘debt-for-carbon swap’ deals with West African countries, which would involve a partial write-off in exchange for the transfer or generation of carbon credits, according to a senior official at a development bank.
At least two European creditor countries are willing to undertake ‘debt-for-carbon swap’ deals with West African countries, which would involve a partial write-off in exchange for the transfer or generation of carbon credits, according to a senior official at a development bank.


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