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Seychelles Finds A Novel Way To Swap Its Debt For Marine Protections

Seychelles Finds A Novel Way To Swap Its Debt For Marine Protections

NPR - Merrit Kennedy

The Seychelles have brokered a novel deal that will allow the island archipelago to swap millions of dollars in sovereign debt for protecting nearly one third of its ocean area. It's hailed as the first of its kind. "Seychelles is clearly breaking new grounds and with it, it has positioned itself as …

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