債務(wù)置換發(fā)展（Debt-for-Development Swaps，DDS）機制通過(guò)債務(wù)國和債權人（雙邊或商業(yè)債權人）之間的協(xié)議，將債務(wù)國的公共和公共擔保外債轉化為專(zhuān)門(mén)用于支持債務(wù)國優(yōu)先發(fā)展領(lǐng)域的長(cháng)期資金安排，如可再生能源、教育、衛生等領(lǐng)域。通過(guò)把償債負擔轉化為國內投資，DDS既減輕了債務(wù)國的財政壓力，也為其實(shí)現聯(lián)合國可持續發(fā)展目標（SDGs）提供長(cháng)期、穩定的資金來(lái)源。
中國作為新興債權國之一，參與債務(wù)置換發(fā)展（DDS）有助于降低債務(wù)國違約風(fēng)險、減少債務(wù)國主權債務(wù)違約造成的損失，并與“一帶一路”倡議等對外合作機制、聯(lián)合國可持續發(fā)展目標和債務(wù)國綠色轉型議程相融合，展示中國的負責任大國形象。
在此背景下，中央財經(jīng)大學(xué)綠色金融國際研究院（IIGF）開(kāi)發(fā)了DDS合作伙伴評分指數（DDS-PSI），用于衡量債務(wù)國與中國實(shí)施DDS的適宜性。該評分指數包括債務(wù)國的債務(wù)脆弱性、發(fā)展潛力、政治可行性，以及與中國的雙邊關(guān)系4個(gè)一級變量和26個(gè)二級變量，為中國篩選DDS伙伴債務(wù)國提供有價(jià)值的參考。
Debt-for-Development Swaps (DDS) are agreements between a debtor country and its creditor(s) (bilateral or commercial) to replace its public and publicly guaranteed external debt with liabilities that entail spending commitments over time towards a specific development goal, such as renewable energy, education and healthcare. By converting external debt repayments into domestic investment, DDS provides long-term, stable financing to support the achievement of the United Nations Sustainable Development Goals (SDGs).
As an emerging major bilateral creditor, China’s engagement in DDS can help curb default risks, reduce potential losses stemming from sovereign debt distress, and aligns the objectives of the Belt and Road Initiative, the SDGs, and the green-transition agendas of partner countries – to enhance China’s leadership role in global development finance.
In this context, the International Institute of Green Finance (IIGF) of the Central University of Finance and Economics (CUFE) has developed the DDS Partner Scoring Index (DDS-PSI) to evaluate the suitability of debtor countries for DDS cooperation with China. The index is consisted of four first-level criteria – debt vulnerability, development potential, political feasibility, and bilateral relations with China – measured across 26 secondary indicators. The index is expected to provide a rigorous analytical foundation for identifying China’s potential DDS partner countries.
債務(wù)置換發(fā)展(DDS)項目中債務(wù)國的識別和篩選 
債務(wù)置換發(fā)展（DDS）項目中債務(wù)國的識別與篩選-IIGF.pdf
Identifying Potential Debt-for-Development Swaps (DDS) Partners to China Identifying Potential DDS Partners to China-IIGF.pdf
