Natasha White

A key oversight body monitoring the voluntary carbon market has had two members of its expert panel resign in protest over its decision to back methodologies for forestry credits they say lack credibility.

When Barbados wrapped up a novel debt swap earlier this month, one party was notably absent: UBS Group AG.

(Bloomberg) -- When Barbados wrapped up a novel debt swap earlier this month, one party was notably absent: UBS Group AG. Most Read from Bloomberg

Ecuador is moving one step closer to complete its second debt-for-nature swap with more than $1.5 billion of the nation’s existing dollar bonds on track to be canceled.

Ramzi Issa, a former senior banker at UBS Group AG best known for his role in pioneering debt-for-nature swaps, has set up his own credit fund as demand for such deals heats up.

Bank of America Corp completó una operación de US$1.000 millones para refinanciar parte de la deuda de Ecuador y ayudar a financiar la protección de bosques, ríos, lagos y humedales en la Amazonia.

Bank of America Corp. has completed a $1 billion deal to refinance part of Ecuador’s debt and help fund the protection of forests, rivers, lakes and wetlands in the Amazon.

Saijel Kishan and Natasha White 7 min read (Bloomberg) -- Within the span of a month, Wall Street's biggest banks have quit what had been one of the most popular clubs inside global finance.

Within the span of a month, Wall Street’s biggest banks have quit what had been one of the most popular clubs inside global finance.

Today’s newsletter looks at why Wall Street’s top banks are quitting a once popular climate alliance. You can read and share a full version of this story on Bloomberg. For unlimited access to climate and energy news, please subscribe.