ECOENTERPRISES PARTNERS IV, L.P. (IFC-51266)

Regions
  • Latin America and Caribbean
Geographic location where the impacts of the investment may be experienced.
Specific Location
Central America, Mexico, the Caribbean, Andean and Brazil
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Sep 9, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
ECOENTERPRISES PARTNERS IV, L.P.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 10.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Sep 27, 2025

Disclosed by Bank May 22, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the proposal is for a potential equity investment into EcoEnterprises IV (“Fund IV”) of up to US$10 million, capped at 20% of total commitments. EcoEnterprises IV is an impact fund focused on investing in small and medium companies in LAC, with a focus on the following regions: Central America, Mexico, the Caribbean, Andean and Brazil. 

EcoEnterprises (the “Fund Manager”) will seek to build a portfolio of 15-20 investments, across mezzanine, quasi-equity, and equity instruments. Ticket sizes will range from US$3 million to US$10 million. Fund IV will be a continuation of the predecessor funds’ strategy and focus on three main investment themes: (i) sustainable products, (ii) ag-tech, (iii) climate-tech, (iv) circular economy, and (v) clean energy.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The E&S risks associated with the Project are considered moderate, mostly related to the Fund Manager (“FM”) capabilities of monitoring its portfolio against E&S risks. Therefore, the Project has been categorized as FI-2. The Fund will not invest in coal-related activities and higher risk transactions such as (a) involuntary resettlement, (b) risk of adverse impacts on Indigenous Peoples, (c) significant risks to or impacts on the environment, community health and safety, biodiversity, cultural heritage, (d) risk retrenchment or (e) significant occupational health and safety risks to employees. IFC’s applicable E&S requirements for this project are the Exclusion List, relevant E&S laws and regulations, and the IFC Performance Standards (as applicable).

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

IFC has proposed a total equity investment of up to US$10 million in the Fund, capped at 20% of total commitments.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

EcoEnterprises IV is an impact fund focused on investing in small and medium companies in LAC, with a focus on the following regions: Central America, Mexico, the Caribbean, Andean and Brazil.

EcoEnterprises Partners was founded in 1998 and was launched through The Nature Conservancy, an international environmental NGO, and operated under that umbrella for its first decade. Later it became an independent fund manager. The Fund Manager’s investment strategy is focused on making investments that promote social impact, protect biodiversity and natural ecosystems, and enhance climate solutions. The firm has on-ground presence in Colombia and Costa Rica.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - EcoEnterprises Capital Group Parent Company -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

EcoEnterprises Partners
Tammy Newmark - CEO
tnewmark@ecoenterprisesfund.com
5614 Connecticut Avenue, NW #135; Washington, DC 20015.
https://ecoenterprisesfund.com

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

How it works

How it works