EcoEnterprises Fund 3 to support the Nagoya Protocol through Impact Investing

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Purpose

The intended result of the project is to provide growth financing to up to18 sustainable and biodiversity-focused companies by helping them to grow, consolidate their business, and scale their operations and impact results. The businesses will be in countries in the region that have identified Accessand Benefit Sharing (ABS) on genetic resources related to biodiversity as a national priority.

Status

Status

Approved

Status

Approval Date

December 07, 2016

Status

Type

Investment

Status

Project Number

RG-Q0038


EQU/FM-16178-RGUNITED STATESDecember 07, 2016
EQU/MS-15988-RGUNITED STATESDecember 07, 2016


Financial Information

MIF Counterpart
Disbursed Amount $1,295,445.61 $0.00
Available amount $8,704,554.39 $0.00
TOTAL: $10,000,000.00 $0.00

Timeline

Description

Goal

To promote the Nagoya Protocol, a key element to the United Nations Convention on Biological Diversity through EcoEnterprises Fund III, an impact investing pioneer in the region which create long-term livelihoods for local communities and boost resilience in rural value chains, while mitigating climate risks, preserving vulnerable ecosystems and encouraging the sustainable use and the conservation of natural resources.

Purpose

The intended result of the project is to provide growth financing to up to18 sustainable and biodiversity-focused companies by helping them to grow, consolidate their business, and scale their operations and impact results. The businesses will be in countries in the region that have identified Accessand Benefit Sharing (ABS) on genetic resources related to biodiversity as a national priority.