✉news EnvironmentOceans first seen 9 h ago, last 1 h ago, peak #27
DiCaprio Foundation Gave $1 Million to Seychelles Debt-Swap Deal
Original: Leonardo DiCaprio’s foundation gave $1 million to a Seychelles debt-swap deal; by 2020, the wider project
Leonardo DiCaprio's environmental foundation contributed $1 million to a debt-swap deal in the Seychelles, a financing arrangement that eased the island nation's debt in exchange for commitments to marine conservation. By 2020, the wider project had expanded, helping protect large areas of the Seychelles' ocean territory and serving as a model for similar debt-for-nature swaps elsewhere.
Why now: Renewed attention to innovative debt-for-nature conservation financing and DiCaprio's environmental role.
Leonardo DiCaprioLeonardo DiCaprio FoundationSeychelles
Evidence
- Leonardo DiCaprio’s foundation gave $1 million to a Seychelles debt-swap deal; by 2020, the wider project · The Times of India
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