Debt-for-nature swap (DNS) is a green finance tool that creates fiscal space for the country to tackle environmental and debt crises simultaneously. The concept of the DNS was introduced in the 1980s by World Wildlife Fund (WWF) amid the Latin American debt crisis1. The DNS aimed at addressing urgent environmental issues for the countries overburdened with public debts. The idea behind the DNS methodology is to integrate sustainability and green finance principles to fund projects that affirm ecologically friendly procedures and have a long-term positive impact on the environment.
