 Also, if the indebted country does not engage in conservation in the absence of a debt-for-nature agreement, the swap may not provide the indebted country a social welfare improvement or any fiscal space in the national budget.The government of the indebted country is still responsible for payment of the debt, albeit to a conservation organization rather than to the creditor.Also, the funds produced through the agreement may replace other forms of aid, debt assistance, or conservation funding.