Dutch Development Bank Commits USD 25 Million to Impact Investing Fund

Date: 
21 Nov 2016
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The eco.business Fund and the Dutch development  bank FMO today announced the bank’s commitment of USD 25 million to the impact investing fund, which conserves and promotes biodiversity in Latin America. FMO’s financing represents one of the largest investments in the fund and underlines the bank’s increasing focus on biodiversity. Following the agreement, the fund commitments to date total nearly USD 80 million.

The fund offers an opportunity to support contributions to biodiversity and sustainable use of natural resources in Latin America in a credible and FI‐compatible way, as it will supply funding to financial institutions and direct financing to certified sustainable businesses, combined with technical assistance for product development, environmental and social risk management, and awareness raising.