| Project Detail |
A fund focusing on nature-based solutions through forestry projects and sales of carbon credits.
Objectives
The Fund will invest in nature based solutions projects including reforestation, afforestation and wetlands and mangrove restoration projects. Primarily emerging markets in non-OECD countries will be targeted, with the objective to promote climate resilience, protect nature ecosystems, which are anticipated to deliver biodiversity and social co-benefits. The Fund will contribute to climate adaptation targets by creating nature-based carbon credits with environmental integrity.
Sector(s)
Agriculture, fisheries, forestry - Agriculture, forestry and fishing
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 500 million |
