Debt-for-nature swaps are gaining traction as a way to restructure sovereign debt in exchange for conservation commitments. In this episode of ESG Currents, Bloomberg Intelligence director of ESG research Eric Kane and senior ESG associate Melanie Rua speak with Slav Gatchev, who leads The Nature Conservancy’s Sustainable Debt team, and Jake Harper, senior investment manager for Alternative Debt at Legal & General. Together, they discuss how these deals are structured, the role of new market standards in improving investor confidence and takeaways from landmark transactions in Ecuador and Gabon. Legal & General has invested nearly $500 million across four swaps, while TNC’s work has unlocked over $1 billion for conservation.

<p>Debt-for-nature swaps are gaining traction as a way to restructure sovereign debt in exchange for conservation commitments. In this episode of ESG Currents, Bloomberg Intelligence director of ESG research Eric Kane and senior ESG associate Melanie Rua speak with Slav Gatchev, who leads The Nature Conservancy&rsquo;s Sustainable Debt team, and Jake Harper, senior investment manager for Alternative Debt at Legal &amp; General. Together, they discuss how these deals are structured, the role of new market standards in improving investor confidence and takeaways from landmark transactions in Ecuador and Gabon. Legal &amp; General has invested nearly $500 million across four swaps, while TNC&rsquo;s work has unlocked over $1 billion for conservation.</p>

Financial markets can no longer ignore the impacts of climate change, shifting consumer expectations, and increasing regulatory scrutiny. These forces are reshaping industries, redefining risk, and creating new opportunities for long-term value creation. Through conversations with industry leaders, investors, and subject-matter experts, we explore where sustainability is translating into measurable financial outcomes.

<p>Financial markets can no longer ignore the impacts of climate change, shifting consumer expectations, and increasing regulatory scrutiny. These forces are reshaping industries, redefining risk, and creating new opportunities for long-term value creation. Through conversations with industry leaders, investors, and subject-matter experts, we explore where sustainability is translating into measurable financial outcomes.</p>

Sustainability Currents

Scaling Up Nature Finance Through Sovereign Debt

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2b3c280f-3669-4de9-abd5-b31b0150b069/transcript