Across four projects' financed by the Urapi Sustainable Land Use Fund, we will promote the sustainable management of 850 000 hectares of forests under conservation to prevent deforestation and carbon emissions.

In partnership with: Rural communities, smallholders' cooperatives and associations

Update

June 2023

Since 2021, we have subscribed to participation agreements with six organizations to incorporate 58586.76 hectares in the conservation project “Conservación de la Selva Norte REDD+” for the sustainable management of their forests whereby they will benefit from the sale of carbon credits.

The project “Conservación de la Selva Norte REDD+” is part of one of our bigger projects' financed by the Urapi Sustainable Land Use Fund.

Across four projects' financed by the Urapi Sustainable Land Use Fund, we will empower 13300 smallholders through the mobilization of resources for increasing their products’ value-added and incorporating them into new value chains and markets.

In partnership with: Smallholder cooperatives and associations

Update

June 2023

Since 2019, 321 smallholders have been positively impacted by our two operating projects’ services and products. The first years have been mainly focused on providing financing for the implementation of agroforestry and forestry systems to diversify their sources of income allowing them in the long term to obtain revenues from carbon credits.

We have seen a shortfall in the number of smallholders requesting access to financing (33 more people in 2022 with disbursements for 2023) linked to the financial problems of their organizations that act as warrantors.

New products and services have been developed to be more accessible and will be offered this year.

Across four projects' financed by the Urapi Sustainable Land Use Fund, we will create 250 formal jobs across its projects’ portfolio, with the development of novel business models with high standards and the implementation of modern processing infrastructure to boost the local coffee industry.

In partnership with: Smallholders cooperatives and associations

Update

June 2023

Until 2022, 35 formal jobs have been created to cover minimum administrative and technical positions necessary for the development of financial services and products and the processing facilities implemented in the two operating projects.

As these operations grow, it is expected a slight increase in the requirement of personnel. Similar numbers of employees are expected to be required in the first years of the other two projects to be implemented.

Across four projects' financed by the Urapi Sustainable Land Use Fund, we will promote the sustainable management of farms to recover degraded soil and prevent deforestation, through agroforestry to reforest 40000 hectares of agricultural land.

In partnership with: Smallholder cooperatives and associations

Update

June 2023

Since 2020, 341.3 hectares have been reforested through the implementation of coffee agroforestry systems and forestry systems to diversify the smallholders’ sources of income in our two operating projects.

In 2022, new requests were approved for financing 32.5 hectares that will be reforested by 2023, due to the financial problems most of the coffee cooperatives had, and their reluctance to acquire more credits.

New products and services have been developed to be more accessible. They won’t be focused on reforestation but will allow us to cover more areas and improve the land management practices that smallholders apply until it is possible for more of them to invest in reforestation.

By 2020 - ECOTIERRA will have raised 50 million USD for the fund Urapi Sustainable Land Use, which will invest in 24 cooperatives in Latin America to reach 8,000 producers [75% of which will be coffee producers], enabling them to increase revenue by 300% by generating incremental sales of 1,000 M USD, new diversified revenues of 96 M USD and increasing average sales price by 15%. Urapi will simultaneously lead to reducing deforestation on 8,000 hectares, reforest 25,000 hectares, protect 400,000 hectares and reduce 7,300,000 tonnes of Co2e emissions. Urapi generates returns for investors through designing and operating integrated interventions which respond to producers, cooperatives’ and buyers’ needs - including [i] patient credit for land use transition [ii] traceability and marketing tools to position coffees on specialty markets and [iii] revenue diversification through climate finance and the generation of VCS-certified carbon credits from the coffee supply chain.

In partnership with: Coffee producer cooperatives

Update

June 2023

Four closings were realized to obtain the final fund size of 50.3 million USD. The Urapi Sustainable Land Use Fund will be deployed in four agroforestry projects co-design with cooperatives and associations of smallholders for investment periods between 10 to 15 years until 2033. Currently, two of the projects are in operation, one in the approval stage and the last one in the design stage.

New commitments have been introduced to measure the impact of Urapi fund.