CO2 OPERATE B.V.
Status: Completed investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Co2Operate B.V., a social enterprise and the holding company behind the Gula Gula Food Forest Program in West Sumatra, Indonesia.
What is our funding objective?
Based on the successful restoration of 200 hectares of degraded forest land, including the planting of productive trees, the Customer is planning to scale up significantly. With the funding, the Customer is drawing up a business plan for the scaling up that can be used to approach potential financiers (including FMO) and off take clients that are interested to purchase Co2 certificates to offset their carbon footprint.
Why do we fund this investment?
Co2Operate B.V. is a Dutch developer targeting Dutch off take clients for Co2 certificates. The project is supportive of SDG 1 and 15 (amongst others).
What is the Environmental and Social categorization rationale?
The project aims to combine reforestation with improving livelihoods of local communities.
More investments
| Date | Total FMO financing |
|---|---|
| 4/22/2020 | EUR 0.50 MLN |
- Website customer/investment
- http://www.co2operate.nl
- Region
- Asia
- Country
- Indonesia
- Sector
- Agribusiness, Food & Water
- Effective date
- 2/6/2019
- End date
- 11/12/2020
- Total FMO financing
- EUR 0.02 MLN
- Funding
- Project Development Fund