<
https://news.mongabay.com/2023/09/peru-signs-20-million-debt-for-nature-swap-with-focus-on-amazon-rainforest/>
"Peru signed a deal last week that will redirect millions of dollars of
international debt to environmental efforts in the Amazon rainforest, a move
that could help it meet long-term conservation goals and reduce pressure from
creditors.
The South American country struck a $20 million debt-for-nature swap agreement
with the U.S. that transfers debt payments to conservation initiatives like
improving protected areas and natural resource management. The deal also
included four NGOs: Conservation International, The Nature Conservancy,
Wildlife Conservation Society and World Wildlife Fund.
The groups donated a combined $3 million — in addition to the $15 million
contributed by the U.S. — to make the deal happen.
“Our goal is to contribute to the effective management of protected areas and
implement other conservation measures in the Peruvian Amazon,” said Fernando
Ghersi, director for The Nature Conservancy – Peru. He added, “The
debt-for-nature swap represents a significant step towards achieving the
long-term financial sustainability of the Peruvian system of protected areas.”"
Via
Future Crunch:
<
https://futurecrunch.com/good-news-child-poverty-leprosy-conservation-california/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
