M. N. Kopylov, doctor of jurisprudence
E. R. Basyrova
This paper analyzes debt-for-nature swaps concluded by the states of North and Latin America, Europe, Africa and Southeast Asia. Classification of such swaps is given. The content of the principle of permanent sovereignty of states over their natural resources is explained. It is concluded that debt-for-nature swaps conform this principle. The ways how further improve debt-for-nature swaps are suggested.
Keywords: debt-for-nature swap, World Wildlife Fund, principle of permanent sovereignty of states over their natural resources, operating fund, nature conservation organization, the Charter of Economic Rights and Duties of States, reforestation, national park, nature reserve.