eco.business Fund

The eco.business Fund is spearheading the promotion of business practices that contribute to the preservation of biodiversity, the sustainable use of natural resources, and climate change mitigation and adaptation. By providing financing for business practices that conserve nature and foster biodiversity, the fund seeks investments with both financial and environmental returns. The fund mainly provides loans to qualified local financial institutions that lend the money to eligible borrowers, which include holders of recognized certifications or those making improvements in line with conservation and biodiversity goals. The fund supports sustainable operations in the sectors of agriculture, fishery, forestry, and eco-tourism. Operating hand-in-hand with the Fund, the eco.business Development Facility provides high-impact technical assistance to local lending institutions and final borrowers.

Statement of support

The eco.business Fund Development Facility is convinced that through collaborative action with actors from around the globe, it will be possible to make the coffee supply chain more sustainable and improve the lives of coffee farmers and their communities.

Actor
Other
Action Networks
Partner Since September 2019

Our Commitments

The eco.business Development Facility will launch a one year project to support the sustainability of the coffee sector in Central America through a workshop series on sustainable coffee practices, with up to 100 coffee growers from El Salvador and Nicaragua.

Update

March 30, 2020

In Q1 2020, the eco.business Development Facility conducted together with CorpoAgrint, Colombia and ACERES, Costa Rica a workshop series on sustainable coffee practices for 150 coffee producers from El Salvador and Nicaragua. The workshops covered topics such as soil management, wastewater management, how to deal with the effects of climate change on the sector, sustainability certifications, new tools and technologies and the characteristics of high-quality coffee.

Status 90% complete
Target date 2020
Countries targeted El Salvador, Nicaragua