Jakarta, Jan. 29 -- Indonesia and the US have launched the Tropical Forest and Coral Reef Conservation Act (TFCCA) programme, a debt-swap mechanism designed to support coral reef conservation in Indonesia. Director of Marine Conservation and Biodiversity at the Indonesian Ministry of Marine Affairs and Fisheries Firdaus Agung Kurniawan explained that under the scheme, funds originally allocated for debt repayment are instead redirected to support conservation activities in the country. He noted that the initiative is based on the US Tropical Forest and Coral Reef Conservation Act (TFCCA), which is designed to help preserve biodiversity in partner countries through innovative debt-swap mechanisms. The debt-swap agreement under TFCCA, valued ...