The Borrower seeks to promote business and consumption practices that contribute to the sustainable use of natural resources and biodiversity conservation in Latin America through providing financing and technical assistance to financial institutions (and to a limited extent to businesses) that have a demonstration effect. The Borrower’s focus will be in the follow four areas.
o Sustainable agriculture and agribusiness
o Sustainable fishery and aquaculture
o Sustainable forestry
o Sustainable tourism
Through providing financing to financial institutions that on-lend to businesses in these sectors, the Borrower seeks to support the financing of sustainable businesses models that avoid further degradation of the environment. Finance in Motion GmbH manages the Borrower’s financing and technical assistance.
Other financiers involved are:
Federal Ministry of Economic Cooperation and Development (BMZ)
Department for Environment, Food and Rural Affairs (DEFRA)
KfW Development Bank (KfW Entwicklungsbank)
Netherlands Development Finance Company (FMO)
European Commission Austrian Development Bank (OeEB)
Finance in Motion GmBH