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Quito, Jul 13 (EFE).- Ecuador concluded in May the largest debt-for-conservation swap in history with the goal of protecting the unique ecosystem of the Galapagos Islands, demonstrating, according to Foreign Minister Gustavo Manrique, that the Andean nation is “as rich as any rich country in the world, with the difference that the currency is called …
Ecuador concluded in May the largest debt-for-conservation swap in history with the goal of protecting the unique ecosystem of the Galapagos Islands, demonstrating, according to Foreign Minister Gustavo Manrique, that the Andean nation is "as rich as any rich country in the world, with the difference that the currency is called biodiversity."
Conservation projects in the Galapagos Islands funded by so-called blue bonds will be approved from next year by an independent body, Ecuador's Environment Minister Jose Davalos said.
By Alexandra Valencia QUITO (Reuters) - Conservation projects in the Galapagos Islands funded by so-called blue bonds will be approved from next year .