Title 22, Foreign Relations and IntercourseRelease 119-102

§2281 “debt-for-nature Exchange” Defined

Title 22 › CHAPTER 32 — FOREIGN ASSISTANCE › SUBCHAPTER I — INTERNATIONAL DEVELOPMENT › Part VII — Debt-for-Nature Exchanges › § 2281

Last updated Aug 21, 2026|Official source

Summary

Defines a "debt-for-nature exchange" as forgiving or buying a country's foreign debt in return for local money used for conservation, or for government promises of money or actions to restore and protect natural resources.

Full Legal Text

Title 22, §2281

Foreign Relations and Intercourse, Source: USLM XML via OLRC

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)

(2)that government’s 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).

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 2283 of this title, referred to in par. (1), was in the original “section 463”, meaning section 463 of Pub. L. 87–195, which has been translated as meaning section 463 of Pub. L. 87–195 relating to eligible projects rather than section 463 of Pub. L. 87–195, relating to the peace process in Central America, which is classified to section 2273 of this title. Codification Another section 461 of Pub. L. 87–195 is classified to section 2271 of this title.

Prior Provisions

A prior section 2281, Pub. L. 87–195, pt. I, § 471, as added Pub. L. 89–583, 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. 95–424, title VI, § 604, Oct. 6, 1978, 92 Stat. 961, effective Oct. 1, 1978.

Reference

Citations & Metadata

Citation

22 U.S.C. § 2281

Title 22, Foreign Relations and Intercourse

Last Updated

Aug 21, 2026

Release point: 119-102