Debt for Nature Swap

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A financial transaction that involves foreign debt being purchased and replaced with new, less expensive debt and using the funds saved to fund conservation projects and activities.

Links

Debt-For-Nature Swaps: A Triple-Win Solution for Debt Sustainability and Biodiversity Finance in the Belt and Road Initiative (Green Finance & Development Centre)
Explainer: What are debt-for-nature swaps? (Diálogo Chino)