翻訳と辞書
Words near each other
・ Debt of Honour
・ Debt on our Doorstep
・ Debt overhang
・ Debt ratio
・ Debt relief
・ Debt relief order
・ Debt rescheduling
・ Debt restructuring
・ Debt service
・ Debt service coverage ratio
・ Debt service ratio
・ Debt settlement
・ Debt Support Trust
・ Debt validation
・ Debt wall
Debt-for-nature swap
・ Debt-lag
・ Debt-snowball method
・ Debt-to-capital ratio
・ Debt-to-equity ratio
・ Debt-to-GDP ratio
・ Debt-to-income ratio
・ Debtera
・ Debtocracy
・ Debtor
・ Debtor (band)
・ Debtor and Creditor
・ Debtor collection period
・ Debtor days
・ Debtor finance


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Debt-for-nature swap : ウィキペディア英語版
Debt-for-nature swap
Debt-for-nature swaps are financial transactions in which a portion of a developing nation's foreign debt is forgiven in exchange for local investments in environmental conservation measures.
==History==
The concept of debt-for-nature swaps was first conceived by Thomas Lovejoy of the World Wildlife Fund in 1984 as an opportunity to deal with the problems of developing-nation indebtedness and its consequent deleterious effect on the environment.〔Visser, Dana R. and Guillermo A. Mendoza (1994). "Debt-for-Nature Swaps in Latin America." Journal of Forestry 92(6):13-16.〕 In the wake of the Latin American debt crisis that resulted in steep reductions to the environmental conservation ability of highly indebted nations, Lovejoy suggested that ameliorating debt and promoting conservation could be done at the same time. Since the first swap occurred between Conservation International and Bolivia in 1987, many national governments and conservation organizations have engaged in debt-for-nature swaps. Most swaps occur in tropical countries, which contain many diverse species of flora and fauna.〔Reilly, William (2006). “Using International Finance to Further Conservation: The First 15 Years of Debt-for-Nature Swaps.” Sovereign Debt at the Crossroads: Challenges and Proposals for Resolving the Third World Debt Crisis. Eds. Jochnick and Preston. 197-214.〕 Also, countries that have engaged in debt-for-nature swaps typically have several threatened or endangered species, experience rapid deforestation, and have relatively stable, often democratic, political systems.〔Deacon, T.R. & P. Murphy (1997). "The structure of an environmental transaction: the debt for nature swap." Land Economics 73 (1), 1–24.〕 Since 1987, debt-for-nature agreements have generated over US$1 billion for conservation in developing countries.〔Sheikh, P. (2010). Debt-for-Nature Initiatives and the Tropical Forest Conservation Act: Status and Implementation. Congressional Research Service Report. March 30, 2010〕

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