While forest and “green” bonds are traded today, our findings demonstrate that the return from an integrated portfolio that contains forest wood products (direct use) and ecosystem services (indirect uses) provides an investor with more investment choices.
A Comment on “Estimating Forest Sustainability Bond Prices for Natural Resource and Ecosystem Services Markets”
This paper introduces a sustainable forestry bond composed of wood products and ecosystem services and investigates the project-based financial performance, such as NPV, associated with this bond. . . . The paper tackles an interesting and relevant issue in today’s business environment.