New bond lets investors help prevent California wildfires and turn a profit
October 31, 2019 at 08:05 AM EDT
As wildfires rage through western California, a new way to prevent them is now being tested in nearby Tahoe National Forest. It is a first-of-its-kind financial tool, designed to help investors fund forest restoration in overgrown, highly combustible areas, which are becoming ever more dangerous due to climate change.