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ARTICLE · 12 AUGUST 2025

Debt-for-Nature Conversion Projects: New Voluntary Practice Standards

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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In June 2025, a group of conservation organizations, chaired by The Nature Conservancy, published a new set of voluntary practice standards for debt conversion projects: the Practice Standards...

GlobalFinance and Banking
Francis Décary-Kostiw
Francis Décary-Kostiw
Fabien Lanteri-Massa
Fabien Lanteri-Massa
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Background

In June 2025, a group of conservation organizations, chaired by The Nature Conservancy, published a new set of voluntary practice standards for debt conversion projects: the Practice Standards for Debt Conversion Projects for Nature, Resilience, and People.

These practice standards follow up on the efforts announced by a coalition at COP16 between The Nature Conservancy, Conservation International, The Pew Charitable Trusts, Re:wild, The Wildlife Conservation Society and the World Wildlife Fund in the United States. The coalition aims to unlock up to US$100-billion in funding for climate- and biodiversity-related conservation efforts by scaling sovereign debt conversions for conservation commitments, as described below.

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