shine india monthly magazine published this article page no 6 a debt-for-nature swap is a financial mechanism where creditors extend debt relief to developing countries in exchange for their commitment to take significant steps towards preserving the environment. these steps can include initiatives such as decarbonizing the economy investing in climate-resilient infrastructure or safeguarding biodiverse ecosystems like forests and reefs. the main goal is to channel the saved resources from debt relief towards conservation efforts shine india monthly magazine subscription.
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