&Green is a Foundation (“Stichting”), registered in the Netherlands. It’s governance structure is designed to safeguard the environmental and social return as well as the financial and commercial sustainability of the fund and it’s investments.
The Advisory Board represents the stakeholders of &Green, including Contributors, local country governments, and civil society.
Board of Directors
The Board of Directors is appointed by the Advisory Board and is the main decision-making body, responsible for the day-to-day running of the Fund. The Board outsources most activities of the Fund to expert service providers, in particular the Investment Advisor.
The Credit Committee is a body of independent investment and sustainability experts safeguarding the environmental, social and financial compliance of investment proposals with &Green’s guidelines. It assesses the documentation submitted by &Green’s investment advisor. The Credit Committee is appointed by the Board of Directors.
Fund Management Advisor
Innpact acts as the Fund Management Advisor to &Green. The firm provides multiple corporate and administrative services to the Board of Directors and Advisory Board of the Fund, including corporate secretariat, service provider coordination, monitoring and reporting, and risk management and compliance services.
Intertrust, the Fund Administrator for &Green, is responsible for all aspects of corporate and administration services required for a foundation established in the Netherlands, including corporate and domiciliary services, accounting and administration services, and registrar and transfer agency services.
Key Terms of the Fund
|Jurisdictional Eligibility Criteria 1|
|Scope||The amount and quality of forest and/or peatland potential of the jurisdiction is significant and highly relevant from a global perspective on conservation and climate change mitigation grounds.|
|Jurisdictional Eligibility Criteria 2|
|Ambition & strategy||There is a clear quantitative target against historic rates of gross deforestation, which reflects or goes beyond established national targets. A feasible strategy for implementation with clear milestones is in place.|
|Jurisdictional Eligibility Criteria 3|
|Progress||Timely progress towards milestones indicated in the strategy of the jurisdiction can be shown; and there is measurable progress towards the target to reduce deforestation.|
|Jurisdictional Eligibility Criteria 4|
|Monitoring, Reporting and Verification (MRV)||A transparent system is operational to monitor, measure, report and verify reductions in deforestation, forest and peat degradation.|
|Jurisdictional Eligibility Criteria 5|
|Social and Environmental Safeguards||In accordance with the Cancun Agreement*, an appropriate framework is in place to mitigate social and environmental risk.|
Complaints Management Policy
In order to ensure that complaints are handled properly and resolved promptly while always meeting the clients’, contributors’ and stakeholders’ interests, the Fund has set up a Complaints Management Policy.
Please download the document and follow the outlined procedure.