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New Canaan News

Thursday, May 17, 2012

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  • Debt-for-nature swaps are agreements whereby a portion of a developing nationĂ­s foreign debt is forgiven in exchange for local investments in environmental conservation measures. Pictured: a Yellow Spotted River Turtle in Bolivia's Beni Biosphere Reserve, the location of the very first debt-for-nature swap, brokered by the non-profit Conservation International in 1987. Photo courtesy of Open Cage. Photo: Contributed Photo / CT
    Debt-for-nature swaps are agreements whereby a portion of a developing nationĂ­s foreign debt is forgiven in exchange for local investments in environmental conservation measures. Pictured: a Yellow Spotted River Turtle in Bolivia's Beni Biosphere Reserve, the location of the very first debt-for-nature swap, brokered by the non-profit Conservation International in 1987. Photo courtesy of Open Cage. Photo: Contributed Photo / CT