A Brazil bond to protect Amazon rainforest gains traction among ESG investors

The new Brazilian government could implement an ESG bond to halt Amazon deforestation. ”It would be important to ensure a strong governance framework,” says Jan Erik Saugested, CEO of Norway’s Storebrand Asset Management, adding that indigenous people’s rights should also be included in the proposal.

Jan Erik Saugestad, chief executive of Storebrand Asset Management. | Photo: Pr / Storebrand Asset Management

BY GREG RITCHIE & MARTHA BECK, BLOOMBERG

Brazil’s government could reassert its global climate credentials by selling a bond where the interest it pays creditors hinges on whether the country protects the Amazon rainforest.

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A Brazil bond to protect Amazon rainforest gains traction among ESG investors

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Nordic institutional investors still see potential in beleaguered Swedish battery producer

Storeband increases stake in Danish infrastructure manager to become majority owner

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager

Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

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Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Ignore the ‘AI revolution’ at your own peril, global investors warn

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KLP excludes US construction supplier over Gaza connection

Swedish FSA fines church pension fund for failing to limit investment risks

Danish pension fund drops drilling platform investments

Expansion of Nordic team has paid off: Inflows to all core products for US manager