For more than a decade, CI has been working with Bank of America on developing innovative initiatives to benefit the environment. Bank of America is a member of CI's Business & Sustainability Council, a community of companies committed committed to leveraging their business experience and resources to protect nature for the benefit of humanity.
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 to CI for each box of these checks sold.
In 2007, CI was one of the stakeholders involved in the development of the bank’s 10-year, $20 billion initiative to support the growth of environmentally sustainable business.
Bank of America played a key role in the development of the Integrated Biodiversity Assessment Tool (IBAT) for business by providing guidance during the development stages as well as critical funding to the project, and is recognised as a Founding Supporter.
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.
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.
LEARN MORE: CI's work with the Bank of America Charitable Foundation
For more information on Bank of America, please visit www.bankofamerica.com.