Ecobank Group has launched the world’s first ICMA commercial bank-issued Nature Bond on the London Stock Exchange, creating a new route for international and African capital to protect Africa’s biodiversity.
Moody’s awarded the transaction its highest possible sustainability quality score, SQS1 Excellent. The bond will support African farmers, sustainable agriculture businesses and water systems, protecting some of the planet’s most important ecosystems.
Impact on the ground in Africa
Africa is home to some of the world’s most important natural capital, including arable land, tropical forests, freshwater systems and biodiversity across hundreds of millions of hectares. But, until now, private nature capital has not flowed to Africa at the scale the continent’s ecological significance warrants in global ecological resilience. Despite hosting 25% of global biodiversity, Africa receives less than 3% of nature finance
Ecobank Nature Bond LinkedIn infographic
