Madagascar: New eco-deals protect unique forests
20.06.2008
Madagascar has signed a series of environment agreements to protect unique forests and support local communities as part of a commitment by the government to ramp up environmental protection on the Indian Ocean island. In its largest ever debt-for-nature swap, Madagascar signed a deal with France this month, in which US$20 million of debt owed to the former colonial power was put into a conservation fund, the Foundation for Protected Areas and Biodiversity (FPAB).