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Who is our client

&Green is a Debt Fund, incorporated by IDH in 2017, with the Norwegian Government as anchor investor. The Fund’s mission is to deliver inclusive, sustainable, and deforestation free commodities-/forest products i.e. palm oil, soy, livestock, rubber, and plantation forestry. As part of its mission, these projects need to be embedded in a Landscape Protection Plan. The Fund’s goal is to prove that financing inclusive, sustainable and deforestation-free commodity production can be commercially viable and replicable.

Funding objective

With FMO’s financing, &Green will further expand its portfolio of investments and mobilize funds from private and public institutions.

Why we fund this project

FMO is additional primarily by providing a concessional debt with long tenor. High risk, long-tenor capital for forestry/ sustainable agriculture is scarce. The funding is provided by the Mobilising Financing for Forests (MFF) programme.

Environmental and social rationale

The environmental and social risks of the transaction have been classified as category A due to the broad portfolio of potential investees with different level of risks including business activities with potential significant adverse environmental or social risks and/or impacts that are diverse, irreversible, or unprecedented. The fund has a dedicated E&S team, ESG risk framework and a systematic approach to assess and appropriately manage E&S risks, nevertheless, their portfolio is exposed to contextual, and legacy risks; social and biodiversity risks, and supply chain risks which must be managed in a manner consistent with all IFC Performance standards (IFC PS 1-8). The transaction includes an Environmental and Social (E&S) Action Plan with the objective of supporting the implementation of the fund’s Environmental and Social Management System, stakeholder’s management, and impact reporting. (IFC PS 1).

More investments

Date Total FMO financing
11/25/2021 USD 1.75 MLN
11/2/2021 EUR 0.10 MLN
3/5/2021 USD 10.00 MLN
3/5/2021 USD 5.00 MLN
3/5/2021 USD 10.00 MLN
Website client
Agribusiness, Food & Water
Signing date
Total FMO financing
USD 31.50 MLN
Mobilising Financing for Forests
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)