What do we call the arrangement whereby a government pays off a debtor country's obligations at reduced interest and the debtor country uses the funds it would have paid in interest to improve the environment?

Question

Quizplus · Accepted Answer

This arrangement is called a debts-for-nature swap. In this scheme, the government pays off a debtor country's obligations at reduced interest, and in return, the debtor country uses the money that it would have paid in interest to improve its environmental conditions. This primarily involves funding preservation and restoration programs for protected areas such as forests, wetlands, and coral reefs.

What Do We Call the Arrangement Whereby a Government Pays