The International Rescue Committee (IRC) today published Closing the Humanitarian Financing Gap: Rethinking Debt Swaps in Fragile Contexts, a white paper laying out a concrete roadmap for using debt swaps to fund humanitarian response in fragile and conflict-affected states. The paper calls on multilateral development banks, development finance institutions, and governments to take specific steps to make that possible, particularly by expanding the use of partial credit guarantees, political risk insurance, and other forms of credit enhancement to support debt swap transactions. [...]