debt swap

(redirected from debt-for-nature swaps)
Also found in: Financial.

debt swap

n
(Banking & Finance) See swap4
Translations
échange de créances
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References in periodicals archive ?
We continue on the subject of indigenous people and the environment in our third paper: 'Crisis and Opportunity: Environmental NGOs, Debt-for-Nature Swaps, and the Rise of "People-Centered" Conservation'.
Chapter Four, Cross-Cutting Issues, discusses international development assistance, debt-for-nature swaps, trade and environment, academic analyses and policy conclusions, among other things.
Debt-for-nature swaps can therefore be useful financial mechanisms for helping countries reduce debt without destroying their most valuable natural resources.
has arranged more than a dozen debt-for-nature swaps worth upwards of $170 million for conservation's sake, not only in Costa Rica and Guatemala, but also Bangladesh, Belize, Botswana, Colombia, El Salvador, Jamaica, Panama, Paraguay, the Philippines and Peru.
These initiatives, called debt-for-nature swaps, typically involved restructuring, reducing, or buying a portion of a developing country's outstanding debt, with a percentage of proceeds (in local currency) being used to support conservation programs within the debtor country.
Deuda externa, conservacion de la naturaleza, Debt-for-Nature Swaps, Instrumentos economicos, politica ambiental internacional.
But he has promoted economically based measures like carbon-emissions trading schemes and, internationally, debt-for-nature swaps.
Land is acquired through gifts, exchanges, conservation easements, management agreements, purchases from the conservancy's revolving land preservation fund, debt-for-nature swaps and management partnerships.
Since Kathryn Fuller became president of the World Wildlife Fund (WWF) seven years ago, the organization has doubled its revenue and membership, helped secure an ivory ban, promoted the debt-for-nature swaps in Asia and Latin America, and developed an environmental educational program called "Windows on the Wild" which is currently being introduced into middle school curricula around the country.
Various approaches to debt relief, such as debt rescheduling, debt-for-equity, or debt-for-nature swaps have contributed to a reduction in the outflow of financial resources from developing countries and can continue to make contributions to external financing for those countries which are actually servicing their debts.
But for some countries, they may already be offering significant relief: Madagascar has cut its $100 million commercial bank debt in half through debt-for-nature swaps.