Debt of a naturalist

Sean Keating

Editor

In:

Climate finance

Region:

Middle East & Africa, Americas

The pipeline of repeat and debut debt-for-nature swaps is ballooning – a signal that the growth and deal size the market needs for significant environmental impact could become a reality.

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CAF pushes the MDB hybrid envelope – but will others follow?

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20 June 2025

CAF pushes the MDB hybrid envelope – but will others follow?

Latin American's CAF made headlines with its $500 million perpetual non-call 5.5-year hybrid this month. The entry of hybrid capital is the latest in a line of innovations...

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