Nature Bonds May Be the Next Big Thing for Emerging Markets
Feb 25 2021, 11:45 PM
February 25 2021, 10:30 AM
February 25 2021, 11:45 PM
(Bloomberg) Emerging-market nations are looking at issuing the first nature-linked bonds as part of talks involving the World Bank and major sovereign creditors to make their debt more sustainable.
(Bloomberg) Emerging-market nations are looking at issuing the first nature-linked bonds as part of talks involving the World Bank and major sovereign creditors to make their debt more sustainable.
The proposals aim to link new debt to targets for biodiversity and carbon emissions, according to Simon Zadek, chair of the Finance for Biodiversity Initiative, which published the plans on Thursday. Pakistan could be the first out of the blocks to issue such nature bonds.
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Guest Author
Denise Weger
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Newsletter 2020-12-10
John C. Cannon [12/10/2020]
– The Sicangu Lakota Oyate, the Native nation living on the Rosebud Indian Reservation in the U.S. state of South Dakota, released 100 American bison onto part of an 11,300-hectare (28,000-acre) pasture.
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