Debt for Nature Swaps (2017)

Debt­for­nature swaps (DNS) can mobilize resources for protecting nature while reducing the debt burden of developing countries. In exchange for debt forgiveness, the debtor­government commits to invest the accrued savings in conservation and/or climate­related expenditures. The transaction is made possible by the willingness of a creditor(s) to forgive the totality or part of the credit rights or to similarly sell the debt outstanding to a third party (typically a conservation organization) at a price lower than the face value (/content/sdfinance/en/home/glossary.html)

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