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Gabon Shakes Emerging Debt-for-Nature Swap MarketPower Supplies and Harsh Environments

The recent coup in Gabon has sent shockwaves through the financial world, particularly affecting an innovative debt-for-nature swap deal. Just two weeks before the political turmoil, Bank of America Corp. had finalized a $500 million agreement with Gabon. The African nation had agreed to undertake marine conservation efforts in return for more favorable loan term