A bamboo bond that could yield more than 500% returns is launched today. Emerald Knight traders that say they invest in socially responsible funds, are launching the very literally green bond scheme which they believe will be very important in the timber trade.
Bamboo is not only very strong and sustainable it also absorbs CO2 very well which makes it a great choice for investment. With rising prices in the timber market, Emerald Knight believe bamboo can offer individuals and companies a good choice for ethical investment.
Rob Hague, sales director at Emerald Knight said: “We are very excited to launch this new bond as it offers excellent returns, is backed-up by added securities and is completely aligned with our socially responsible investment strategy. Investors will be purchasing the bond from a UK trustee who will guarantee security of the assets until their full maturity, whilst paying out a fixed interest every year.
The global timber trade exceeds $600m per year and the global market is expected to reach $20 billion by 2015. It’s predicted the consumption of industrial wood will rise by 60% over the next 25 years.
As well as absorbing 35% more carbon dioxide than any other similar species, bamboo has another crucial characteristic – it can be used as a substitute for traditional timber in virtually any product at a lower cost, higher quality and greater positive environmental impact.