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©Mirova

Initiated by the United Nations Convention to Combat Desertification (UNCCD) and Mirova, the Land Degradation Neutrality Fund is seeking to be a source of transformative capital bringing together public and private investors to fund triple bottom line projects that contribute to land degradation neutrality (“LDN”), a major global challenge that was officially set as part of the United Nations Sustainable Development Goals (“SDGs”) in September 2015 (SDG 15, target 3). The Fund provides patient long-term finance and technical assistance for land use transformation, shifting the trend from land degradation and unsustainable land use to land rehabilitation and sustainable land use.

Country of incorporation
Luxembourg
Fund size
300m
Geography
ACP States, Asia
Sector(s)
Agriculture, forestry
Vintage year
2018
EIB commitment
USD 45m
Website
http://www.mirova.com/en-UK/p/Natural-Capital