Disclosure
On 13 July 2023, the Board of the Green Climate Fund (GCF) approved the funding proposal &Green Fund: Investing in Inclusive Agriculture and Protecting Forests, submitted by SAIL Investments and FMO. The program aims to promote sustainable commodity production and increase productivity on agricultural land in selected countries with significant tropical forest resources, thereby reducing the pressure to clear forests for agricultural purposes. By financing the transformation of tropical agricultural commodity supply chains from extractive to sustainable practices, the fund will help reduce emissions and strengthen the resilience of local communities.
Through the &Green Fund, managed by SAIL Investments, GCF funding of USD 189.35 million is being invested via FMO to support producers in shifting to sustainable practices. This includes providing technical assistance and financial support with requirements to protect and restore existing forests, focusing on supply chains in sectors that drive deforestation such as livestock, palm oil, soy, rubber, cocoa, and forestry.
Please find &Green’s Environmental and Social Management System (ESMS) and project disclosures.
Access &Green Fund’s ESMS here.
Access the (Ex-ante) disclosure of &Green Fund projects here.