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Weather & Science

Parrot Facing Extinction Gets Help in Australian Green-Loan Push

  • Queensland airport refinances debt with sustainability loan
  • Biodiversity seeing surge in investor interest, report shows
The double-eyed fig parrot.

The double-eyed fig parrot.

Cairns Airport

A rare parrot that lives at the gateway to Australia’s Great Barrier Reef has become the centerpiece of the country’s sustainable finance boom.

North Queensland Airports Group this month refinanced around A$760 million ($508 million) of debt with terms that included a requirement to improve habitats for threatened species including the double-eyed fig parrot in partnership with some of the local Aboriginal population.