Forest Finance Unlocks Opportunities for Rural Communities: Exploring the Triple Bottom Line Impacts of the Forest Resilience Bond Model
The Community Development Innovation Review, publishes by the Federal Reserve Bank of San Francisco, focuses on bridging the gap between theory and practice, from as many viewpoints as possible. The October 2019 issue offers strategies that address climate change risk in low- and moderate-income (LMI) communities.
This report outlines how the Forest Resilience Bond promises to accelerate the pace and scale at which critical work to restore the health and functioning of the nation’s forested landscapes is undertaken. The report argues that it does so by engaging private capital to cover the upfront cost of activities to improve forest health and by bringing together stakeholders that benefit from this work to share in the cost of reimbursing investors over time.