Project Overview

This financial instrument needs to contribute demonstrably to a reduced rate of deforestation and to alleviate poverty, while at the same time generating returns which appeal to a fund manager.

The research has been funded by the UK’s Department for International Development and supported by the International Finance Corporation.

The project is exploring how ecosystems services – the currently largely unvalued benefits which we get from forests in terms of carbon sequestration, biodiversity, landscape value, social and cultural value, flood protection, subsistence livelihood support and so on – may be used to augment the value of a bond.