Date de publication:
20 mars 2018
Promoteur – Intermédiaire Financier
MIROVA,UNITED NATIONS CONVENTION TO COMBAT DESERTIFICATION
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.
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.
Montant BEI envisagé (montant approximatif)
USD 6 million (EUR 5 million)
Coût total (montant approximatif)
USD 300 million (EUR 243 million)
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.
Passation des marchés
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.
Signé - 14/12/2018