Monthly Archives: August 2014

What is “debt-for-nature” swapping?

Research provided by Pearl Rains-Hewitt
www.behindmyback.org

Posted 8/30/2014

 

Market-based conservation strategies

By Eric Thomas Marshall

WHAT IS “DEBT-for-NATURE” SWAPPING?

  • DEBT-EQUITY swaps involve the conversion of external debt (national debt which is owed to foreign investors) into some type of equity.  Foreigners continue to hold a claim on the debtor nation’s resources.

 Environmental special-interest groups as well as those involved in government and private sector banking have shown increasing acceptance since Debt for Nature swapping first began more than a decade ago.

Despite the hopefulness of this plan, several obstacles still block immediate progress.  The greatest of these blocks in the U.S. refusal to ratify.  Continue reading

How much does the US pay for the UN each year?
They pay 22% of 4.19 billion dollars. You do the math.
from answers.com

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