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debt-for-nature swap

Owned by Dennis Daggett (Deactivated)
2018-02-16
1 min read

A method begun in 1987 to help deal with the debt crisis by swapping debt for creation of nature preserves; a financial transaction in which a portion of a developing nation's foreign debt is forgiven in exchange for local investments in conservation measures.

Authorization Path: 2.5.6.4.24.0

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