### Question
How does Nature Exchanges define debt-for-nature exchange?


### Answer
Under *22 U.S.C. § 2281*, **debt-for-nature exchange** is defined as:

> the cancellation or redemption of the foreign debt of the government of a country in exchange for—


(1) that government's making available local currencies (including through the issuance of bonds) which are used only for eligible projects involving the conservation or protection of the environment in that country (as described in section 2283 of this title)

#### Citation:
  - *22 U.S.C. § 2281*
  - Heading: **CHAPTER 32-FOREIGN ASSISTANCE > SUBCHAPTER I-INTERNATIONAL DEVELOPMENT > Part VII-Debt-for-Nature Exchanges**

