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Finnfund has invested $15 million in a nature bond issued by African bank Ecobank.
Finnfund invested $15 million in Ecobank Transnational's new nature bond.
KEY POINTS
- Ecobank's bond aims to mobilize up to $450 million for sustainability projects in sub-Saharan Africa.
- U.S. government support for debt-for-nature swaps has dried up since President Trump's return.
- Legal & General committed up to $1 billion for debt-for-nature swaps in developing countries.
COMPANIES
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