Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Actors / Insurer · France / Bermuda

AXA XL

Appears in 3 cases in this database. Roles as given in the documented record.

CaseRoleCountryPeriodInstrument
Galápagos debt-for-nature swapReinsurerEcuador2023–2041Debt-for-nature swap
Insurers of the Carmichael coal mineNamed in 2020 as having charged Adani for coverAustralia2015–2025Insurance declined or withdrawn
Bahamas debt-for-nature swapProvider of US$30 million insuranceBahamas2024Debt-for-nature swap

Insurance

Reinsurance
Insurance bought by insurers to pass part of their own risk to other companies.

Carbon and conservation finance

Debt-for-nature swap
A deal in which a government's debt is bought back or refinanced at a discount, and part of the savings is committed to conservation.