Zambia Explores Innovative Debt-for-Nature Swap to Balance Economy and Environment

Zambia is currently contemplating an innovative strategy to address its significant national debt while promoting environmental conservation. The country’s Finance Minister, Situmbeko Musokotwane, indicated that the government is seriously evaluating the idea of a debt-for-nature swap. This approach could potentially alleviate Zambia's financial burdens while simultaneously aiding in the preservation of its rich natural resources and biodiversity.

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