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The Missouri Botanical Garden has signed an agreement with Madagascar's Central Bank allowing the St. Louis-based institution to purchase up to $750,000 worth of the country's international debt at 50 cents on the dollar. The agreement, reached this spring with Paris-based ING Bank--which holds Madagascar's national debt--will release funds, up to $250,000 in local currency per year for three years, that the botanical garden will use to finance its ongoing botanical research and conservation work, in concert with local institutions in Madagascar. The garden began working in Madagascar in 1972 and since 1983 has been researching the island nation's flora, among the world's most threatened. Botanists from the Missouri Botanical Garden train and assist Malagasy botanists in research techniques and participate in conservation programs.
United States, summer school this ...
