Finance
Debt Engineers Tackle Climate Change With Bonds to Rewild Land
- Biodiversity climbs on policy maker agendas for green recovery
- Countries look at putting price on value of natural capital
Photographer: Krisztian Bocsi/Bloomberg
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For green finance enthusiasts, a new flavor of debt could emerge this year -- nature bonds.
Sales of green bonds -- which typically raise money for clean energy projects -- are expected to grow by a third this year to record levels, as governments and companies look to capitalize on booming demand at the same time as bolstering their image. Yet academics and activists say this alone isn’t enough to save the planet.