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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 2281 “Debt-for-nature exchange” defined us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 32 FOREIGN ASSISTANCE 2281 22 U.S.C. § 2281 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s2281 data/legal/raw/us/code/title-22/usc22.xml c9d813619621457fc1d6af740d7079eae74c8ea5c6b46e15f91e5ccdef389acd b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 18799fb30243f044c406dd408ad36e64a84aadd9fe655fb76551bcfb62c18e77 2026-07-04 official
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22 U.S.C. § 2281 - “Debt-for-nature exchange” defined

Text

For purpose of this part, the term “debt-for-nature exchange” means the cancellation or redemption of the foreign debt of the government of a country in exchange for—

(1) that governments making available local currencies (including through the issuance of bonds) which are used only for eligible projects involving the conservation or protection of the environment in that country (as described in section 2283 of this title); or

(2) that governments financial resource or policy commitment to take certain specified actions to ensure the restoration, protection, or sustainable use of natural resources within that country; or

(3) a combination of assets and actions under both paragraphs (1) and (2).

(Pub. L. 87195, pt. I, § 461 [471], as added Pub. L. 101240, title VII, § 711, Dec. 19, 1989, 103 Stat. 2521.)

Notes

Editorial Notes

References in TextSection 2283 of this title, referred to in par. (1), was in the original “section 463”, meaning section 463 of Pub. L. 87195, which has been translated as meaning section 463 of Pub. L. 87195 relating to eligible projects rather than section 463 of Pub. L. 87195, relating to the peace process in Central America, which is classified to section 2273 of this title.

Codification Another section 461 of Pub. L. 87195 is classified to section 2271 of this title.

Prior ProvisionsA prior section 2281, Pub. L. 87195, pt. I, § 471, as added Pub. L. 89583, pt. I, § 110, Sept. 19, 1966, 80 Stat. 802, related to agreements with less developed countries for establishment of Joint Commissions on Rural Development, prior to repeal by Pub. L. 95424, title VI, § 604, Oct. 6, 1978, 92 Stat. 961, effective Oct. 1, 1978.