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DEBT-FOR-NATURE-SWAP

Statistics Directorate    
French Equivalent: Échange dette/nature

Definition:
A debt—for—nature swap is an arrangement by which an indebted developing country undertakes, in exchange for cancellation of a portion of its foreign debt, to establish local currency funds to be used to finance a conservation programme.

Source Publication:
Glossary of Environment Statistics, Studies in Methods, Series F, No. 67, United Nations, New York, 1997.

Statistical Theme: Environmental statistics

Created on Tuesday, September 25, 2001

Last updated on Monday, November 05, 2001