Posted on November 1, 2016 by Andrew Burger | 0 Comments
Developed by IFC in collaboration with BHP Billiton and Conservation International, some of the world’s largest Institutional investors, including TIAA-CREF and QBE, bought the first Forest Bonds issue, which gives them the option of receiving coupon payments in the form of cash or carbon credits from a UN REDD program in Kenya.
Senator Barbara Boxer released a 923-page draft of the Clean Energy Jobs and American Power Act over the weekend, the Senate version of climate and energy legislation, for the first time specifying emissions allocations and costs proposed in the bill. “We’ve reached another milestone as we move to a clean energy future, creating millions of jobs and protecting our children from…