ECUADOR ANNOUNCES THE WORLD'S BIGGEST BLUE-BOND SWAP TO PROTECT THE GALAPAGOS ISLANDS
Extraordinary and Plenipotentiary Diplomatist|May 2023
The Ecuadorian government has announced a strategy to swap debt in favour of nature conservation; this will represent the most important move to preserve nature. This approach will save $1,100 billion, in debt for the country out of which, $450 million will be invested in the conservation of the Galapagos islands.
ECUADOR ANNOUNCES THE WORLD'S BIGGEST BLUE-BOND SWAP TO PROTECT THE GALAPAGOS ISLANDS

Gustavo Manrique Miranda, Minister of Foreign Affairs, said: "These funds will promote climate resilience and support the sustainable fishery, thus taking a crucial step toward a financial transition where diplomacy, conservation, and finance walk together headed toward the path of general well-being." The minister further added: "The Ecuadorian people have a close bond with the ocean. We understand its value and we treasure nature because of what it gives to our people and our economy."

This story is from the May 2023 edition of Extraordinary and Plenipotentiary Diplomatist.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the May 2023 edition of Extraordinary and Plenipotentiary Diplomatist.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM EXTRAORDINARY AND PLENIPOTENTIARY DIPLOMATISTView All
THE WOLF ECONOMY AWAKENS
Extraordinary and Plenipotentiary Diplomatist

THE WOLF ECONOMY AWAKENS

Mongolia's Fight for Democracy, and a Green and Digital Future

time-read
1 min  |
June 2024
DESTINATION Kenya
Extraordinary and Plenipotentiary Diplomatist

DESTINATION Kenya

Background - My interest in visiting Kenya began on December 3, 2016, when the Kenya Tourism Board organized the Magical Kenya Open Golf Tournament in Delhi. The event, by invitation only, attracted many notable figures from Delhi NCR, and I was fortunate to be one of the winners. Along with a beautiful trophy, the prize included a trip to Kenya to play three rounds of golf in Nairobi and visit the renowned wildlife sanctuaries of Kenya.

time-read
5 mins  |
June 2024
THE POLITICAL LESSONS FROM THE MAHABHARATA
Extraordinary and Plenipotentiary Diplomatist

THE POLITICAL LESSONS FROM THE MAHABHARATA

The word 'politics' always inflicts a sense of excitement as well as resentment amongst the public at large. Often people irrespective of gender or age are found commenting upon the dynamics of politics and the way it has taken shape over the years.

time-read
4 mins  |
June 2024
UNIVERSAL HEALTH INSURANCE: TRANSFORMING TANZANIA'S HEALTHCARE SYSTEM
Extraordinary and Plenipotentiary Diplomatist

UNIVERSAL HEALTH INSURANCE: TRANSFORMING TANZANIA'S HEALTHCARE SYSTEM

Tanzania, a country known for its rich cultural heritage and breathtaking landscapes, is now setting a new precedent in the healthcare sector.

time-read
5 mins  |
June 2024
INDIA'S ELECTRIC REVOLUTION: LEADING THE GLOBAL THREE-WHEELER MARKET
Extraordinary and Plenipotentiary Diplomatist

INDIA'S ELECTRIC REVOLUTION: LEADING THE GLOBAL THREE-WHEELER MARKET

Globally, long-term EV growth is expected to lower battery prices and advance next-generation battery technology, enhancing the economic viability of electric vehicles. According to a BNEF report, the three-wheeled vehicle segment is on track to reach net zero emissions by mid-century, with India's growth positioning it as a global leader.

time-read
4 mins  |
June 2024
INDIA'S STRATEGY TO SCALE UP GREEN HYDROGEN PRODUCTION
Extraordinary and Plenipotentiary Diplomatist

INDIA'S STRATEGY TO SCALE UP GREEN HYDROGEN PRODUCTION

India's first multi-purpose green hydrogen pilot project at 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal's Jhakri was inaugurated on April 24 this year.

time-read
4 mins  |
June 2024
"Vietnam-India comprehensive strategic partnership has made progress"
Extraordinary and Plenipotentiary Diplomatist

"Vietnam-India comprehensive strategic partnership has made progress"

In an interview with Diplomatist Magazine, Mr. Le Quang Bien, Consul General of Vietnam in Mumbai, provides perspectives on the burgeoning Vietnam-India relationship, particularly focussing on trade, investment, tourism, and renewable energy sectors. With Vietnam's emergence as a pivotal manufacturing hub in Southeast Asia and India's robust technological prowess, he highlights the promising avenues for collaboration in manufacturing, technology, and agriculture. Mr. Bien also sheds light on Vietnam's rich cultural and natural attractions, emphasising the Consulate General's efforts to promote tourism and culinary exchange in Mumbai.

time-read
9 mins  |
June 2024
THE EVOLUTION OF MINILATERALS: CATALYSTS FOR STRATEGIC COOPERATION IN THE INDO-PACIFIC
Extraordinary and Plenipotentiary Diplomatist

THE EVOLUTION OF MINILATERALS: CATALYSTS FOR STRATEGIC COOPERATION IN THE INDO-PACIFIC

The current set of multilaterals, collectively or individually are facing a challenge in achieving four objectives of the largest multilateral institutions, the United Nations viz, \"maintaining international peace and security, protecting human rights, delivering humanitarian aid and support sustainable development\", owing to rising great power competition, unbridled competition among regional powers and unprecedented challenges in the Global North and the Global South.

time-read
4 mins  |
June 2024
NAVIGATING THE CROSSROADS: VISION FOR EUROPE'S FUTURE
Extraordinary and Plenipotentiary Diplomatist

NAVIGATING THE CROSSROADS: VISION FOR EUROPE'S FUTURE

\"Europe will not be made all at once, or according to a single plan. It will be built through concrete achievements which first create a de facto solidarity.\" Jean Monnet - The Father of the European Union.

time-read
2 mins  |
June 2024
ECONOMIC REFORMS AND GROWTH PROSPECTS: INDIA'S AGENDA FOR THE GLOBAL ECONOMY
Extraordinary and Plenipotentiary Diplomatist

ECONOMIC REFORMS AND GROWTH PROSPECTS: INDIA'S AGENDA FOR THE GLOBAL ECONOMY

India's economy is of global importance with a large young population and an open and democratic political system. It is already the third-largest economy and contributor to global economic growth, yet there is considerable untapped potential.

time-read
4 mins  |
June 2024