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flag Barbados secures $125M through a "debt-for-climate" swap to boost water systems and fight climate change.

flag Barbados has executed the world's first "debt-for-climate" swap, securing $125 million to improve water systems and reduce pollution. flag This innovative approach aims to enhance the island's resilience to climate change, addressing water scarcity that affects both its population and agriculture. flag Prime Minister Mia Mottley sees this as a model for other vulnerable states tackling climate impacts.

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