African countries eye world’s first joint ‘debt-for-nature’ swap

[NelsonGoni]

African countries eye world’s first joint ‘debt-for-nature’ swap 

Reuters exclusively reported that at least five African countries are working on what could be the world’s first joint “debt-for-nature” swap to raise at least $2 billion to protect a coral-rich swathe of Indian Ocean. Debt-for-nature deals are becoming increasingly popular for poorer nations to pay for conservation.  

The post African countries eye world’s first joint ‘debt-for-nature’ swap  appeared first on Reuters News Agency .

Source: African countries eye world’s first joint ‘debt-for-nature’ swap