A question that 21st century politicians and policy makers must answer is whether the diversity of species that existed before mankind will be preserved or succumb to the self-interests and power of policymakers. Is there global ecological apathy or can we transcend national political boundaries to protect our environment? The purpose of this study is to determine if debt-for-nature swaps (DNS) are a viable option in saving species and ecosystems. A review of 24 completed DNS between 1988-2004 by World Wildlife, The Nature Conservancy and Conservation International were reviewed. The countries involved: Bolivia, Colombia, Costa Rica, Ecuador, Jamaica, Madagascar, Panama, Peru and Philippines were selected as they represent a cross section geographically. The amount of debt varied from $119,000 to $19,000.000 (US dollars). The NGO's pay off a portion of the foreign debt at a discount and the money saved is invested in environmental preservation. The country involved retains sovereignty of the ecological project. Man needs to learn how to coexist with the various ecosystems that were here before mankind, and how to preserve the biodiversity for generations yet to come.
A question that 21st century politicians and policy makers must answer is whether the diversity of species that existed before mankind will be preserved or succumb to the self-interests and power of policymakers. Is there global ecological apathy or can we transcend national political boundaries to protect our environment? The purpose of this study is to determine if debt-for-nature swaps (DNS) are a viable option in saving species and ecosystems. A review of 24 completed DNS between 1988-2004 by World Wildlife, The Nature Conservancy and Conservation International were reviewed. The countries involved: Bolivia, Colombia, Costa Rica, Ecuador, Jamaica, Madagascar, Panama, Peru and Philippines were selected as they represent a cross section geographically. The amount of debt varied from $119,000 to $19,000.000 (US dollars). The NGO's pay off a portion of the foreign debt at a discount and the money saved is invested in environmental preservation. The country involved retains sovereignty of the ecological project. Man needs to learn how to coexist with the various ecosystems that were here before mankind, and how to preserve the biodiversity for generations yet to come.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and...
Kann ein Debt to Equity Swap an steuerrechtlichen Aspekten scheitern? Und welche steuerrechtlichen Konsequenzen ergeben sich überhaupt aus dem Sanierungsinstrument Debt to Equity Swap. Diesen...
The key to a successful loan workout is to identify the problemsaccurately and address them early. It is critical that thecompany's underlying business and financial problems are resolvedand not...
The BiblioGov Project is an effort to expand awareness of the public documents and records of the U.S. Government via print publications. In broadening the public understanding of government and its...
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