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debt-for-nature swaps
| Source |
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| Contributor |
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| Approved |
Yes |
| English term |
debt-for-nature swaps |
| Language |
Translations |
| French |
échanges dette contre nature |
| English definition |
a conservation agency buys up some of a developing country's international debt ("secondary" debt) on the world's money market. The agency then promises to dispose of the debt in return for a promise from the indebted country that it will look after a conservation area. [GBA] |
| Language |
Translations |
| French |
une agence de conservation rachète une partie de la dette internationale d’un pays en développement (dette “secondaire”) sur le marché financier international. L’agence promet alors de couvrir la dette en échange d’une promesse du pays endetté de surveiller les zones de conservation. [GBA] |
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