&Green Fund
Organizational profile:
&Green is a Foundation (“Stichting”), established in the Netherlands in 2017. &Green was developed and set up by IDH Sustainable Trade Initiative under close collaboration with NICFI, Norway’s International Climate and Forest Initiative.
&Green’s goal is to finance the delinking of major commodity supply chains from deforestation in a way that is commercially viable and replicable. The Fund focuses on the tropical forests and peatlands most in need of protection and invests in the commodity sectors most active in those valuable ecosystems, i.e., beef (livestock), palm oil, soy and forestry (including rubber).
&Green offers solutions that demonstrate the blueprints for successful agricultural transformation which offer attractive returns. As an investment fund, &Green provides patient, long-term financial support to carefully selected clients. &Green has the ability to provide finance which is repaid after the client’s other financiers (subordinated debt) and to provide greater flexibility than traditional lenders. With &Green in the project, it is less risky for other investors to step-in. In this way, they make it more attractive for global capital markets to allocate the significant investments required to address deforestation. &Green also has a budget for providing Technical Assistance (TA) to prospective clients. With this additional support they can improve their practices and get ready for the investment.
All of our &Green’s clients publicly commit to transitioning to sustainable agricultural practices and protecting their wider Landscape from deforestation.
Financing Instrument: Loans, Guarantees, Technical Assistance
Project scale: &Green provides USD 5 million to USD 30 million in long term (5-15 year) credit or guarantees.
Applicable geographical regions/country groups: &Green currently works in Colombia, Ecuador, Gabon, Indonesia, Lao PDR, Liberia, Peru, Vietnam, Zambia, and the states of Mato Grosso and Pará in Brazil.
&Green’s approved jurisdictions are countries, regions or provinces governed by authorities who are committed to addressing deforestation. &Green takes an active approach to pre-selecting the jurisdictions that they consider for investment. The Fund has developed a screening tool, known as Jurisdictional Eligibility Criteria (JEC), which is used to assess whether a jurisdiction has a progressive forest and/or peat protection agenda, and if local authorities are committed to the reduction of deforestation and the protection of valuable ecosystems.
Eligibility Criteria:
The target sectors of &Green are the commodities that are driving deforestation – such as palm oil, soy, beef, forestry, and others, – in tropical forest jurisdictions with progressive forest protection strategies and targets in place. In this way, &Green can demonstrate the decoupling of commodity production from deforestation while being socially inclusive.
Prospective clients are those who are willing and able to map out and then commit to:
1. A No Deforestation, No Peat and No Exploitation (NDPE) Policy;
2. An Environmental and Social Action Plan (ESAP); and
3. A Landscape Protection Plan
Clients’ projects are expected to provide substantial Environmental Returns, that can be monitored throughout the investment period. All projects must adhere to strong social and environmental covenants as well as a plan for the protection of the wider landscape around the project.
Application guidelines: &Green invites inquiries about the potential eligibility of projects for &Green investment through email at info@andgreen.fund
Last updated: 12 September 2023