Description
In this episode Kevin Bender of The Nature Conservancy talks through the intricacies of the recent Belize debt conversion that included a blue loan, insurance from the IDFC, the issuance of blue bonds to investors, a Conservation Fund, an endowment and, for good measure, parametric insurance. It's a complex deal, but one that is replicable for other countries with sovereign debt trading at a discount and a commitment to conservation.