Tropical forests are among the Earth’s most important natural treasures. Yet too often, protected areas with tropical forests lack sustained funding for successful conservation. A new program for debt-for-nature swaps for long-term conservation is formally established by Congress. This program allows countries to refinance their debts in exchange for redirecting funds towards conservation.  The Act, passed in 1998, was renamed the Tropical Forest and Coral Reef Conservation Act (TFCCA) in 2019 to include an expansion of countries with coral reefs and mangroves. Over $380 million for projects to conserve critical tropical forests and coral reef ecosystems in 14 countries are … Continue reading Congress Greenlights $380 Million Debt-for-Nature Swaps to Save Tropical Forests and Coral Reefs—Find Out Which Countries Benefit