Cynthia Chika Okorie

Environmental Sustainability Ethical Governance

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Cynthia Chika Okorie holds an LL.B degree from the Faculty of Law, University of Nigeria Nsukka. She has keen interest in Energy Law, Corporate and Commercial Law and accordingly, has interned in related practice groups of reputable Nigerian Law Firms including Aluko & Oyebode, Olaniwun Ajayi LP, Streamsowers & Köhn. Also, she examined the Laws and Policies regulating energy transition in Nigeria for her undergraduate long essay, proposing solutions to improve Nigeria’s energy profile.

Cynthia Chika Okorie

Mar 07 2023

Debt-for-nature swaps in Nigeria: conceptualization of the tripartite impact

Illuminem Voices

Sustainable Finance · Environmental Sustainability

Over time, there has been a surge in the debt profile of developing countries, bringing them to the front line of unsustainable debt levels. In servicing these debts, these debtor nations are neither left with funds to meet immediate economic and social needs nor funds to invest in their environmental conservation pathways which invariably intensifies their energy transition risks. The attempt to address this limitation has therefore birthed the debt-for-nature (DFN) swap initiative to provide support to debt burdened developing nations in achieving long-term climate goals.