“Lenders prefer a clear, feasible plan,” Dykes said. Luiz Inácio Lula da Silva, the president of Brazil, has announced a $1 billion commitment to the Tropical Forests Forever Fund—an innovative financing model for the conservation of tropical forests. The "nonprofit finance fund" segment is aligning with trends in socially responsible investing, as Q2 filings reveal an average portfolio shift of 6% into this space. With funding channels expanding, market analysts expect bond issuance in the sector to rise by $500M before year-end, reinforcing equity-linked instruments tied to these nonprofits.