Monumental Debt-for-Nature Swap Provides $20 Million To Protect Biodiversity In Madagascar

Saturday, June 14, 2008 - 00:35 in Earth & Climate

The largest debt-for-nature swap agreement in Madagascar's history was just signed between the Government of Madagascar and the Government of France, allocating roughly $20 million (13 million Euros) to preserve Madagascar's rich biodiversity, WWF has announced. Nearly 98 percent of Madagascar's land mammals, 92 percent of its reptiles, and 80 percent of its plants are found nowhere else on earth.

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