Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Legal & General commits $1B to revive debt-for-nature swaps in developing nations to boost conservation amid global biodiversity loss.

flag Legal & General has pledged up to $1 billion over five years to revive debt-for-nature swaps in developing nations, aiming to boost conservation funding by restructuring high-cost government debt. flag The UK asset manager, partnering with Enosis Capital, environmental groups, and AXA XL, will act as a cornerstone investor, offering credit guarantees to reduce political risk and accelerate deals. flag The move nearly doubles L&G’s sustainable development funding in emerging markets to $2.4 billion and comes amid renewed momentum after U.S. support under Trump ended. flag About a dozen swaps are now in development, with potential for similar models in education and food security. flag The initiative responds to a 73% decline in global wildlife since 1970, marking a significant step in scaling conservation finance.

3 Articles