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debt-for-nature swaps
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Name translations
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Translations |
| English: |
debt-for-nature swaps |
Definition translations
| Language |
Translations |
| English: |
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] |
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