Our partnership with Bank of America Corporation is focused on supporting CI's biodiversity conservation efforts and raising consumer awareness about conservation issues.
For more than a decade, CI has been working with Bank of America on developing innovative market-based initiatives to benefit the environment. That tradition continued in 2007 with the bank's March announcement of a 10-year, $20 billion initiative to support the growth of environmentally sustainable business.
Bank of America has participated as a founding member of the corporate consultative group providing critical support and input into the development of the Integrated Biodiversity Assessment Tool (IBAT) for business. This tool was developed in partnership with leaders from the conservation and business communities to facilitate access to critical biodiversity datasets for key decision-makers within the private sector.
In 2005, Bank of America pledged $100,000 to support CI’s ongoing efforts to address environmental issues relating to energy and mining companies’ work in sensitive ecosystems.
Bank of America and CI developed and offers the "Vanishing Species" check series. The checks display endangered species from CI's hotspot areas and Bank of America contributes 50 cents to Conservation International for each box of these checks sold.
In the early 1990s, Bank of America supported debt-for-nature swaps in Mexico and Brazil, allowing select government debt to be forgiven in exchange for support for conservation. In Mexico, Bank of America's donated $250,000 worth of debt, generating the equivalent in conservation funds. In Brazil, the debt donated by Bank of America, resulted in $2.2 million in conservation funds.
Bank of America and CI also developed a rainforest exhibit, which toured Bank of America branch offices to educate the public about rainforest conservation issues.
Bank of America is also a member of CI's Business and Biodiversity Council, a community of companies committed to leveraging their business experience and resources to conserve biodiversity.
For more information on Bank of America, please visit www.bankofamerica.com.