Definition.—

Sec. 461. [22 U.S.C. 2281] Definition.—For purpose of this chapter, 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) that government's making available local currencies (including through the issuance of bonds) which are used only for eligible projects involving the conservation or protection of the environment in that country (as described in section 463); or (3) a combination of assets and actions under both paragraphs (1) and (2).