Definition: Through debt restructuring agreements, governments are able to write off a proportion of their foreign held debt. The savings accrued will be channelled into domestic conservation initiatives and climate adaptation programmes. This often entails the establishment of a Conservation Trust Fund to channel the funds. Debt-for-nature swaps can target both official and commercial lending, with the former being the most common scheme.
Robert Weary of The Nature Conservancy hosted a webinar with CFA on Sustainable Financing for Marine Conservation that is available here.