In February 2021, the &GreenFund signed a deal with Marfrig, a large Brazilian slaughterhouse, who has committed to a zero-deforestation supply chain by 2030. In this case study, the unique circumstances and enabling conditions leading to Marfrig’s ground-breaking commitment are described, explaining how &Green enabled the company to take its work a step further. The case study dives into the Brazilian beef context, clearly demonstrating the essential role blended finance has to play in the transition to more sustainable agriculture. The case study was developed by IDH, The Sustainable Trade Initiative and &Green.