Global Hub on Debt for Development Swaps

Debt-for-development swaps, or debt swaps, can help countries address liquidity challenges while advancing sustainable development goals. They provide debt reduction and debt-service savings during periods of fiscal pressure, while channeling resources into critical sectors such as education, health, nature conservation, and nutrition.

In partnership with the Government of Spain, the World Bank is supporting the Global Hub on Debt for Development Swaps (Global Hub), which was launched at the Fourth International Conference on Financing for Development (FfD4) in Seville in 2025. This initiative aims to strengthen the design and execution of debt swaps and expand their potential for scale-up.

Through the Global Hub, housed within the Debt Management Facility program, we promote knowledge sharing and offer practical tools to help countries make informed decisions about when, where, and how to use debt-for-development swaps.

Endorsers of the Global Hub

The initiative brings together a growing coalition of countries and institutions supporting this joint effort led by the World Bank and the Government of Spain.

• Endorsing countries: Angola, Barbados, Brazil, Cyprus, Colombia, Denmark, Egypt, Germany, Italy, and Sweden.
• Endorsing institutions: Inter-American Development Bank (IDB), Central American Bank for Economic Integration (CABEI), Development Bank of Latin America and the Caribbean (CAF), World Food Programme (WFP), Children’s Investment Fund Foundation (CIFF), Sustainable Sovereign Debt Hub (SSDH), The Nature Conservancy (TNC), the Vulnerable Twenty (V20) Group, the Pact for Prosperity, People and the Planet (4P), and White Oak Advisory.

Other endorsers are invited to join in support of this initiative.

Contacts

Under the DMF, technical assistance on debt portfolio analysis and debt-for-development swaps is available for eligible borrower countries.

For support or to share additional resources, please contact: 📩 debtswaphub@worldbankgroup.org.