THE NATURE CONSERVANCY
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
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
Conservation International (CI) and The Nature Conservancy (TNC) are the implementing partners of the Cloud Forest Blue Energy Mechanism (CFBEM).
What is our funding objective?
CFBEM aims to mobilize domestic commercial finance to reforest and conserve cloud forests in Latin America that provide crucial benefits to the hydropower industry. It uses an innovative “pay for success” financing technique in which a hydropower plant pays for measurable ecosystem benefits provided by cloud forests within the plant’s catchment – principally reduced sedimentation, increased water flow and improved water regulation.
Why do we fund this investment?
This project aligns with FMO’s impact objectives to pioneer green, inclusive and economic development through innovative finance and partnerships at the intersection of FMO’s focus sectors (energy and forestry).
- Country
- Global
- Sector
- Energy
- Effective date
- 9/27/2018
- Total FMO financing
- EUR 0.22 MLN
- Funding
- ForeignAffairs - CD