An ingenious proposal for scaling up marine protection | Mark Tercek
TEDxInnovations
JUNE 8, 2019
Island and coastal nations need to protect their waters in order for our oceans to stay healthy. But they often have lots of debt and aren't able to prioritize ocean protection over other needs. Mark Tercek and his team at The Nature Conservancy see a way to solve both problems at once: buying a nation's debt at a discount and restructuring it to give them lower payments, in exchange for the government's commitment to protect its coastal areas.
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