PRESS RELEASE: &GREEN FUND MAKES INVESTMENT IN BRAZILIAN GROUP RONCADOR FOR INTEGRATED SUSTAINABLE SOY CATTLE PRODUCTION AT SCALE
3 June 2020
&Green has concluded its first investment in South America with a USD 10 million 8-year loan facility for Agropecuária Roncador Ltda. (“Roncador”). Roncador is a Brazilian group invested in cattle ranching and soy and corn production, in the Mato Grosso state. &Green will support Roncador in upscaling their sustainable production blueprint centred on the integration between crop and livestock (ICL) systems, which intensifies and recuperates degraded pastures, restoring certain forests and protecting further forests.
PRESS RELEASE: &GREEN FUND MAKES PALM OIL SECTOR INVESTMENT IN PT DHARMA SATYA NUSANTARA TBK.
3 June 2020
&Green has concluded a USD 30 million 10-year loan facility with PT Dharma Satya Nusantara Tbk (“DSNG”). DSNG is a member of the Roundtable on Sustainable Palm Oil (“RSPO”) and is committed to managing, operating and producing certified, sustainable palm oil. DSNG is a member of the Roundtable on Sustainable Palm Oil (“RSPO”) and is committed to managing, operating and producing certified, sustainable palm oil.
Mid-term Evaluation Report
24 April 2020
&Green was proud to read the independent mid-term evaluation report prepared by Steward Redqueen. The report was complimentary and constructive, acknowledging the early stage in the life of the Fund and providing valuable insights and recommendations.
&Green teams up with Good Growth Partnership
24 March 2020
&Green is pleased to announce that it has signed a Statement of Intent with the Good Growth Partnership (GGP) to provide a framework for collaboration to jointly work towards their shared vision of removing deforestation from commodity supply chains.
News Update on &Green from UNEP’s Land Use Finance Program
27 January 2020
The question of how to stimulate the private sector to finance the transition to a sustainable agriculture and forestry sector is now a pressing issue. The current expansion-led agricultural production systems used in tropical forests lead to deforestation and high greenhouse gas emissions. However, the investment and sustainability risks are typically too high and the time-frames typically too long for the private sector to invest in these sectors.
Press Release: &GREEN Fund MAKES CATALYTIC INVESTMENT IN NATURAL RUBBER COMPANY IN INDONESIA THROUGH TLFF
7 March 2019
The &Green Fund, a blended finance impact investment fund focused on forest protection and tropical forest commodities today announced that it is investing USD 23.75 million in sustainable, deforestation-free rubber production in Indonesia. The investment will fund PT Royal Lestari Utama (RLU), an Indonesian joint venture of the French tire manufacturer, Michelin, and the Indonesian Barito Pacific Group. &Green will make this investment through the purchase of notes issued by the Tropical Landscapes Finance Facility (TLFF).
Unilever Commits to &Green
6 February 2019
&Green is pleased to announce that global consumer goods business, Unilever has committed to contributing to the Fund. Unilever’s USD 25m contribution supports &Green’s efforts investing in inclusive palm oil businesses and protecting forests, and is part of Unilever’s focus on changing the way business is done and making sustainable living commonplace.
IDH PRESS RELEASE: FUND FOR DEFORESTATION-FREE AGRICULTURE NOW OPERATIONAL
18 July 2017
The Fund was originally launched in January 2017 at the World Economic Forum by the Norwegian Prime Minister, Paul Polman on behalf of the Consumer Goods Forum, and Naoko Ishii, the CEO of the Global Environment Facility.
Branded the &Green Fund, reflecting its aim ‘to green agricultural investments’, the Fund aims to trigger private sector investment into agricultural productivity, whilst protecting millions of hectares of tropical forests, peatlands and biodiversity by 2020.