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Ecuador Completes $1.5 Billion Debt Swap to Save Amazon Forests | Firstpost Planet Pulse | N18G
Ecuador has completed a $1.5 million debt-for-nature swap to help save the Amazon rainforest. The South American nation is home to a major part of the Amazon, apart from Brazil, Venezuela, Colombia, Guyana and Peru. The money owed as part of the debt will now instead be invested in Ecuador's Amazon Biocorridor Program - aimed at saving over 6 million hectares of rainforests and wetlands in Ecuador. But how does the debt-for-nature swap work? And will it help save the burning lungs of planet Earth? Watch this report on Planet Pulse to know more.
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Ecuador | Amazon | Forests | Rainforest | Brazil | Venezuela | Colombia | Guyana | Peru | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News
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