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  • &Green Fund: Investing in Inclusive Agriculture and Protecting Forests

&Green Fund: Investing in Inclusive Agriculture and Protecting Forests

Geography
Approval FY
2023
Fund
Green Climate Fund
Fund Spend
$189,350,000
Co-Financing
$795,290,000

Documents

Summary

The 1.2 billion hectares of tropical forests around the world act as crucial hubs of biodiversity and play a vital role in regulating the world's water-supply while serving as massive carbon reservoirs. The restoration and preservation of these forests are a necessary part of the effort to curb climate change. Climate change can lead to self-reinforcing negative spirals where local production losses heighten deforestation rates as producers are forced to clear forest to compensate for declining yields.   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.

About this project

Approval FY
2023
Fund
Green Climate Fund
Fund Spend
$189,350,000
Co-Financing
$795,290,000
Status
Under Implementation
Theme
Cross-cutting
Implementing Agency
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden
Sector
Private
Result Area
Ecosystems and ecosystem services, Forest and land use, Health, food, and water security
Type
Project
Topics
, ,

 Topics mentioned most in this project  
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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Climate finance
Public finance actor

Note

Green Climate Fund Projects

Project information is sourced from Green Climate Fund. Please check terms of use for citation and licensing of third party data.