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Green Bond Fund supports REDD+ sustainable forestry

IFC Raises $152 Million in Tropical Forest Bonds Debut

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.

Non-Wood Forest Wealth 2.7 Times Greater than Previously Estimated

A team of researchers from the World Bank, Resources for the Future, Applied Geosolutions and others have released three working papers that set out wealth valuation methodologies spanning all the commercial wood, non-wood and ecosystems services forests provide and incorporated them in a global sustainable forest management database.

TD Bank Group Launches TD Forests Conservation Initiative, Highlighting ‘Deep Roots’ in Environmental Sustainability

With severe drought conditions threatening US forests and agriculture for a second-year running, Canada’s TD Bank Group today announced TD Forests, a forest conservation program that in addition to unifying the bank’s longstanding forest conservation community programs “under one canopy,” also includes “a major conservation and education program to protect critical forest habitat across North America.”