Mobilising Finance for Forests Fund’s first investment goes to &Green
06 November 2021
On COP26 Nature and Land Use day, we are very excited to share the news of ‘Mobilising Finance for Forest Fund (MFF)’s investment into the &Green Fund! MFF’s support will allow &Green to further expand our activities, and build up a portfolio that demonstrates producing agri-commodities while protecting the forest is possible, and can generate commercially viable financial returns for investors, at scale.
MFF is a fund that, FMO – Dutch entrepreneurial development bank manages on behalf of the UK Government. Read the press release by clicking the button below!
Case Study: Transitioning to deforestation-free livestock in Brazil
02 November 2021
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.
CASE STUDY – Investing In Sustainability: A Verified Sustainability Transition
19 August 2021
Bringing about net positive impact that is both verifiable and financially beneficial embodies the partnership of DSNG and &Green Fund. The Tropical Forest Alliance and IPMI Case Centre have now published a case study on this investment. The comprehensive report reveals the challenges facing the palm oil production sector, and how &Green’s investment contributes to tackling the obstacles together with a top-ranked Indonesian palm oil company. Including strong environmental and social inclusion safeguards into its daily operations and adopting a landscape approach to the management of its estates and supply chain are the two main success factors.
FMO COMMITS TO &GREEN
28 April 2021
&Green is pleased to announce that FMO, the Dutch development bank, is providing USD 25 million of long-term funding to the &Green Fund to help it scale up its portfolio over the coming years.
PRESS RELEASE: &GREEN FUND INVESTS IN THE EXPANSION OF MARFRIG’S CATTLE TRACKING AND DEFORESTATION-FREE SUPPLY CHAIN INITIATIVES IN THE AMAZON AND CERRADO
24 February 2021
&Green and Marfrig have signed a USD 30 million 10-year sustainability-linked loan facility, to achieve a deforestation-free cattle supply chain in the Amazon and Cerrado. Marfrig is a multinational corporation and one of the biggest animal protein producers in Brazil. The loan is part of Marfrig’s wider efforts to decouple its products from deforestation and builds on the efforts of the Marfrig Verde+ Plan, which was developed in partnership with IDH – The Sustainable Trade Initiative. The &Green investment triggers the implementation of an Environmental and Social Action Plan, which includes engagement with indirect suppliers, traceability and the mitigation of deforestation risks in the Amazon and Cerrado in order to achieve the goal of a deforestation-free supply chain.
PRESS RELEASE: ENVIRONMENTAL FINANCE AWARDS RECOGNISE THE PROGRESS OF THE &GREEN FUND THROUGH ITS INVESTMENT ADVISOR, SAIL VENTURES
14 September 2020
Sail Ventures, the Investment Advisor to &Green Fund, has been recognised by Environmental Finance, through their IMPACT Awards 2020, as the Asset manager of the year (small) and Private debt provider of the year.
PRESS RELEASE: MARK ECKSTEIN JOINS THE &GREEN FUND CREDIT COMMITTEE
19 June 2020
The &Green Fund is proud to announce that Mark Eckstein will be joining the fund’s Credit Committee with effect from 1 July 2020.
SAIL Ventures to push deadline for final close of $400m fund to end-2022
16 June 2020
Boutique investment firm, SAIL Ventures, is aiming to raise $400 million for its private credit fund, The &Green Fund, by the end of 2022.
&Green Fund is set up to be a patient capital vehicle that extends private credit funds with more flexibility, mainly with longer-term and a lower interest rate compared to commercial bank loans.
Blended finance fund invests $40m in forests and agriculture
4 June 2020
&Green Fund has agreed a combined $40 million in loans to implement sustainable palm oil production and “low-emissions” agriculture practices.
Netherlands-based impact investor, &Green Fund, aims to prove that financing inclusive, sustainable and deforestation-free commodity production can be commercially viable and replicable.
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.