Date de publication: 16 mai 2011
Promoteur – Intermédiaire Financier
Althelia Climate Fund GP Sarl, an independent management company established to manage the Fund.Lieu
Description
Innovative pilot fund for forest based carbon and other environmentally certified credits, aiming to protect the environment and reduce carbon emissions through sustainable land use and conservation of primary forest.
Objectifs
The Althelia Climate Fund (the "Fund") is a path breaking proposal to enhance the environment and reduce carbon emissions through support for sustainable land use and conservation of primary forest. European based, the Fund is global, focusing on Africa and Latin America, and secondarily in Asia. With a target of EUR 150m of commitments from private and public investors the Fund will invest in some 20 projects to source forest based carbon and other environmentally certified credits for sale to the voluntary offset market. An amount of voluntary forest carbon credits corresponding to EIB's investment will be sold by the Fund to (public or private or philanthropic) entities that will permanently retire them.
Secteur(s)
Montant BEI envisagé (montant approximatif)
EUR 25 million
Coût total (montant approximatif)
EUR 150 million
Aspects environnementaux
Strict due diligence standards are in place up to the EIB standards. All projects are set to meet IFC Performance Standards and the best practices articulated in the REDD+ Social and Environmental Standards. All projects will meet most reputable third-party carbon and environmental/social management certification standards such as Verified Carbon Standard and Climate, Community and Biodiversity Alliance.
Passation des marchés
The promoter, a private company, is not subject to EU Directives on procurement.
Statut
Signé - 11/06/2013
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).