Green sea turtle and sergeant major fish, Galapagos Islands. Credit: Longjourneys / AdobeStock Dentons Leads Ecuador Debt-for-Nature Swap Aimed at Marine Conservation Near Galapagos
The transaction, which also involved teams of lawyers from Clifford Chance, Baker McKenzie and others, is expected to generate $1.126 billion in savings for Ecuador and $323 million to finance conservation activities around the Galápagos Islands, home to nearly 3,000 marine species—20% of which are found nowhere else on Earth.
May 10, 2023 at 06:47 PM
4 minute read
Environmental Law
Dentons pulled in talent from eight offices to advise the Republic of Ecuador on a monumental debt-for-nature swap aimed at conserving a large swath of the Galápagos Islands and their marine ecosystems.
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