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    Référence: 20180065
    Date de publication: 20 mars 2018

    Promoteur – Intermédiaire Financier

    MIROVA,UNITED NATIONS CONVENTION TO COMBAT DESERTIFICATION

    Lieu

    Description

    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.

    Objectifs

    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.

    Secteur(s)

    Montant BEI envisagé (montant approximatif)

    USD 6 million (EUR 5 million)

    Coût total (montant approximatif)

    USD 300 million (EUR 243 million)

    Aspects environnementaux

    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.

    Statut

    Signé - 14/12/2018

    Clause de non-responsabilité

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Mots-clés correspondants

    Ensemble des Pays ACP Régional - Asie Agriculture, pêche, sylviculture