Timeline: Jul 2023 – Jul 2028
Budget: USD 984,600,000 (budget across 11 countries). (concessional loan: USD 180,000,000, grant: USD 9,350,000)
Programme brief:
Debt fund investing in scalable, replicable commercial models developed for deforestation and peat free commodity production
The &Green Fund will promote sustainable commodity production and higher productivity on agricultural land in selected countries with important tropical forest resources, thereby decreasing the pressure to clear forests for agricultural purposes. The fund will work to reduce emissions and increase the resilience of local communities by financing the transformation of tropical agricultural commodity supply chains from extractive to sustainable practices. The project will achieve this by providing technical assistance and financial support to producers with conditions that necessitate the protection and restoration of existing forests by focusing on supply chains in sectors that drive deforestation such as livestock, palm oil, soy, rubber, cocoa, and forestry.