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With the ongoing sovereign debt and biodiversity crises in many emerging economies, applications of debt-for-nature swaps as a dual solution for sovereign debt and nature conservation have been re-emerging. We analyze how debt-for-nature swaps (DNS) can be scaled to protect biodiversity priority areas and reduce debt burden. We build a dataset for biodiversity conservation and debt restructuring in 67 countries at risk of sovereign debt distress and show that they hold over 22% of global biodiversity priority areas, 82.96% of which are unprotected. Furthermore, we show that for 35 of the 67 countries, using conservative cost estimates, 100% of unprotected biodiversity priority areas could be protected for a fraction of debt; for the remaining countries, applying DNS would allow the protection of 11–13% of currently unprotected biodiversity priority areas. By applying interdisciplinary research combining fundamental biodiversity and economic data and methods merging, the research contributes methodologically and practically to the understanding of debt-for-nature swaps for emerging economies. [ABSTRACT FROM AUTHOR]

Southeast Asia, a region supporting more threatened species than any other comparable continental area, is in the midst of a conservation crisis. Hunting constitutes the greatest current threat to the region’s threatened vertebrates and has resulted in many areas of largely intact forest losing much of their former vertebrate diversity and abundance. Though numerous hunting methods are used, capture with home-made snares is a major driver of this defaunation. Snares are cheaply constructed and easy to set but can be difficult to detect and are highly damaging to vertebrate populations due to their indiscriminate and wasteful nature. The primary response to snaring is the removal of snares by patrol teams: more than 200,000 snares were removed from just five of the region’s protected areas between 2010 and 2015. However due to the low opportunity costs of replacing snares, removal alone is largely ineffective. Without the proactive search, arrest and prosecution of snare-setters, along with incentives not to hunt, snares will continue to be replaced. Legislative reform that criminalises the possession of snares, and the materials used for their construction, inside and immediately adjacent to protected areas is also required. Consistent enforcement of such legislation is essential. This must be combined with longer-term demand reduction activities aimed at changing cultural attitudes and behaviors related to the consumption of wildlife products in Southeast Asia. [ABSTRACT FROM AUTHOR]

Letter to the Editor [ABSTRACT FROM AUTHOR]