U.S. & RI announce $28.5 million debt swap to protect Borneo’s forests

The Nature Conservancy and World Wildlife Fund (WWF) joined with the Indonesian and U.S. Governments yesterday to sign a debt-for-nature swap agreement that will result in a new $28.5 million investment to help protect tropical forests in three districts of Kalimantan, Indonesian Borneo.   The deal will create models for forest conservation and sustainable economic development in Borneo, the third-largest island in the world, home to unique species such as orangutans, gibbons, clouded...