LAND DEGRADATION NEUTRALITY FUND LCFP

Projektträger – zwischengeschaltetes Finanzinstitut

MIROVA,UNITED NATIONS CONVENTION TO COMBAT DESERTIFICATION

Ort

• Afrika, Karibik und Pazifik
• Regionalvorhaben - Asien

Beschreibung

The project consists of the investment in a fund targeting sustainable land use projects, promoted by the United Nations Convention to Combat Desertification (UNCCD). The operation is to be carried out under the Luxembourg-EIB Climate Finance Platform trust fund.

Ziele

The fund aims to provide long-term financing in sustainable land use projects worldwide (especially in the African, Caribbean and Pacific group of States (ACP), in Asia and in Latin America) using mainly a combination of project finance and structured commodity finance techniques.

Sektor(en)

• Landwirtschaft, Fischerei, Forstwirtschaft - Land- und Forstwirtschaft, Fischerei

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

USD 6 million (EUR 5 million)

Gesamtkosten (voraussichtlicher Betrag)

USD 300 million (EUR 243 million)

Umweltaspekte

The Fund will invest in sustainable land use projects, focusing in particular on sustainable agriculture and forestry, land reclamation and sustainable energy. It is mission-driven to deliver a strong contribution to the achievement of land degradation neutrality within the terms of the UNCCD. The Fund's environmental and social strategy has been evaluated during the appraisal, and projects will meet international best practice standards, including third-party verified certification as appropriate.

Auftragsvergabe

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Projektstatus

Unterzeichnet - 14/12/2018