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Debt-for-nature swap, the Glossary

Index 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.[1]

Table of Contents

  1. 23 relations: Biodiversity, Conservation International, Debt restructuring, Deforestation, Developing country, Ecosystem service, Environmental degradation, Face value, Fiscal space, Global Environment Facility, Green imperialism, Kuznets curve, Latin American debt crisis, Leonardo DiCaprio, National park, Non-governmental organization, Secondary market, Sustainable development, The Nature Conservancy, Thomas Lovejoy, Washington Consensus, Welfare economics, World Wide Fund for Nature.

Biodiversity

Biodiversity (or biological diversity) is the variety and variability of life on Earth.

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Conservation International

Conservation International (CI) is an American nonprofit environmental organization headquartered in Crystal City, Virginia, in Arlington County, Virginia.

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Debt restructuring

Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations. Debt-for-nature swap and debt restructuring are debt.

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Deforestation

Deforestation or forest clearance is the removal and destruction of a forest or stand of trees from land that is then converted to non-forest use.

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Developing country

A developing country is a sovereign state with a less developed industrial base and a lower Human Development Index (HDI) relative to other countries.

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Ecosystem service

Ecosystem services are the various benefits that humans derive from healthy ecosystems.

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Environmental degradation

Environmental degradation is the deterioration of the environment through depletion of resources such as quality of air, water and soil; the destruction of ecosystems; habitat destruction; the extinction of wildlife; and pollution.

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Face value

The face value, sometimes called nominal value, is the value of a coin, bond, stamp or paper money as printed on the coin, stamp or bill itself by the issuing authority.

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Fiscal space

Fiscal space is the flexibility of a government in its spending choices, and, more generally, to the financial well-being of a government.

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Global Environment Facility

The Global Environment Facility (GEF) is a multilateral environmental fund that provides grants and blended finance for projects related to biodiversity, climate change, international waters, land degradation, persistent organic pollutants (POPs), mercury, sustainable forest management, food security, and sustainable cities in developing countries and countries with economies in transition.

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Green imperialism

Green imperialism (also called eco-imperialism, eco-colonialism, or environmental imperialism) is a derogatory epithet alluding to what is perceived as a Western strategy to influence the internal affairs of mostly developing nations in the name of environmentalism. Debt-for-nature swap and Green imperialism are environmentalism.

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Kuznets curve

The Kuznets curve expresses a hypothesis advanced by economist Simon Kuznets in the 1950s and 1960s.

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Latin American debt crisis

The Latin American debt crisis (Crisis de la deuda latinoamericana; Crise da dívida latino-americana) was a financial crisis that originated in the early 1980s (and for some countries starting in the 1970s), often known as La Década Perdida (The Lost Decade), when Latin American countries reached a point where their foreign debt exceeded their earning power, and they could not repay it.

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Leonardo DiCaprio

Leonardo Wilhelm DiCaprio (born November 11, 1974) is an American actor and film producer.

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National park

A national park is a nature park designated for conservation purposes because of unparalleled national natural, historic, or cultural significance.

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Non-governmental organization

A non-governmental organization (NGO) (see spelling differences) is an organization that generally is formed independent from government.

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Secondary market

The secondary market, also called the aftermarket and follow on public offering, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.

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Sustainable development

Sustainable development is an approach to growth and human development that aims to meet the needs of the present without compromising the ability of future generations to meet their own needs.

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The Nature Conservancy

The Nature Conservancy (TNC) is a global environmental organization headquartered in Arlington, Virginia.

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Thomas Lovejoy

Thomas Eugene Lovejoy III (August 22, 1941December 25, 2021) was an American ecologist who was President of the Amazon Biodiversity Center, a Senior Fellow at the United Nations Foundation and a university professor in the Environmental Science and Policy department at George Mason University.

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Washington Consensus

The Washington Consensus is a set of ten economic policy prescriptions considered to constitute the "standard" reform package promoted for crisis-wracked developing countries by Washington, D.C.-based institutions such as the International Monetary Fund (IMF), World Bank and United States Department of the Treasury.

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Welfare economics

Welfare economics is a field of economics that applies microeconomic techniques to evaluate the overall well-being (welfare) of a society.

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World Wide Fund for Nature

The World Wide Fund for Nature (WWF) is a Swiss-based international non-governmental organization founded in 1961 that works in the field of wilderness preservation and the reduction of human impact on the environment.

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References

[1] https://en.wikipedia.org/wiki/Debt-for-nature_swap

Also known as Debt-for-nature, Debt-for-nature+swaps.