| Project Detail |
A Forestry Nature-based Solutions fund with a mixed investment strategy focused on (i) restoration of degraded landscapes and ecosystems, (ii) establishment of greenfield plantations, (iii) sustainable forestry operations and (iv) forest infrastructure and value-chain upgrades, in various countries of Latin America.
Objectives
The Fund will invest in afforestation, reforestation, forest management and conservation projects in Latin America with the objective to promote the profitable expansion of climate and nature-positive forest resources in the region. Latin America is a critical investment target for restoration and conservation of nature with an ability to support the development of nature-based carbon credits that have environmental integrity.
Sector(s)
Agriculture, fisheries, forestry - Agriculture, forestry and fishing
Proposed EIB finance (Approximate amount)
USD 50 million (EUR 46 million)
Total cost (Approximate amount)
USD 250 million (EUR 232 million) |
