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… based mechanisms 128 Global Environment Facility 128 Debt-for-nature swaps 128 Conservation Trust Funds or … markets • pro-poor market reform • restructuring aid • debt relief • addressing social inequalities • enhanced … has been very successful. It is implemented by NGOs. Debt-for-nature swaps Debt conversion means the cancellation …

… with its environmental and social covenants, such that any debt financing would be in default, the lender will engage …