Blue Forest, a conservation finance non-profit, in partnership with World Resources Institute (WRI), USDA Forest Service (USFS), and National Forest Foundation (NFF), announced the successful completion of its pilot Forest Resilience Bond (FRB), marking five years since the project launched. In a conservation finance industry milestone, the Yuba I FRB returned all investor capital in line with expectations, financing restoration efforts on a 15,000 acre planning area on the Tahoe National Forest, which reduced the risk of catastrophic wildfire. As climate leaders gather today at COP28 to discuss how to…
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