Project detail - CO2 OPERATE B.V.

CO2 OPERATE B.V.

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Who is our client

Co2Operate B.V., a social enterprise and the holding company behind the Gula Gula Food Forest Program in West Sumatra, Indonesia.

Funding objective

Based on the successful restoration of 200 hectares of degraded forest land, including the planting of productive trees, the Customer is planning to scale up significantly. With the funding, the Customer is drawing up a business plan for the scaling up that can be used to approach potential financiers (including FMO) and off take clients that are interested to purchase Co2 certificates to offset their carbon footprint.

Why we fund this project

Co2Operate B.V. is a Dutch developer targeting Dutch off take clients for Co2 certificates. The project is supportive of SDG 1 and 15 (amongst others).

Environmental and social rationale

The project aims to combine reforestation with improving livelihoods of local communities.

More investments

Date Total FMO financing
4/22/2020 EUR 0.50 MLN
Website client
http://www.co2operate.nl
Region
Asia
Country
Indonesia
Sector
Agribusiness, Food & Water
Signing date
2/6/2019
Total FMO financing
EUR 0.02 MLN
Fund
Project Development Fund
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)