Rafael Lopez, Unsplash
The Nature Conservancy Announces Innovative Nature Bonds project in The Bahamas
Rachel Winters, The Nature Conservancy
Today, The Government of The Bahamas, The Nature Conservancy (TNC), the Inter-American Development Bank (IDB), and several financial partners launched a Nature Bonds project that will refinance USD 300 million of The Bahamas’ external commercial debt to help the country improve ocean conservation and management of its Marine Protected Areas (MPAs) to benefit biodiversity and people, and lessen the effects of climate change.
Read the full article here.
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