A group of current MBA students from Cambridge Judge Business School has won this year’s Kellogg-Morgan Stanley Sustainable Investing Challenge.
The group proposed Coast Haven Brokerage, which would facilitate a new type of parametric insurance to help protect and restore mangrove forests affected by climate change by connecting beneficiaries of mangroves’ ecosystems with insurers, investors interested in funding environmental impact and project developers and restoration experts, the article says.
Read the full article [finance.yahoo.com]
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