Blue Investments for Nature secures section 501(c)(3) tax-exempt status for its cutting edge work to support sustainable management of land and ocean areas of coastal and island nations
Clients Blue Investments for Nature
Blue Investments for Nature relied on Jones Day to secure section 501(c)(3) tax-exempt status from the IRS. The organization is pursuing an innovative strategy to help coastal and island nations reduce their sovereign debt in exchange for commitments to place key land and ocean areas under conservation protection consistent with sustainable economic development. As part of each debt conversion transaction, Blue Investments for Nature creates a permanent endowment devoted to ensure the nation has resources for long-term conservation management.