Ecuador announced Tuesday that it had converted part of its $1.5 billion of external debt into protection for the Amazon rainforest, the second so-called debt-for-nature swap in the South American country.
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The operation generated over $460 million in savings, which were"exclusively destined to the protection of our Amazon," Vega told an event in the capital Quito attended by President Daniel Noboa. Last year, Ecuador converted $1.6 billion of debt into a loan deal that included $450 million in funding for marine conservation in the Galapagos Islands.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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