U.S. and Indonesia Debt-for-Nature Swap
Conservation International announced on 15 Jan that the debt-for-nature swap between the United States of America, the Republic of Indonesia and several non-governmental organisations (Conservation International, Yayasan Konservasi Cakrawala Indonesia, Yayasan Konservasi Alam Nusantara, The Nature Conservancy) has officially been closed and $35mn will now begin to flow toward the protection and restoration of Indonesia’s highest priority coral reef ecosystems.