Debt for nature swap to bridge TBTT’s financing gap: Amin Aslam

ISLAMABAD, Jul 24 (APP):Adviser to Prime Minister on Climate Change Malik Amin Aslam Wednesday said Pakistan was going to offer debt for nature swap for innovative financing of 10 billion tree tsunami (TBTT) project to bridge its financing gap.

Ministry of Climate Change had come up with a modern financing mechanism for 10BTT project by offering debt for nature swap.

A policy meeting was chaired by the Adviser Malik Amin Aslam in order to devise a mechanism for debt swap with potential countries, a press release said.