The eco.business Fund

eco.business Fund

Launched by KfW Development Bank, Conservation International, and Finance in Motion, the eco.business Fund strives to promote business practices that contribute to biodiversity conservation and the sustainable use of natural resources. The fund’s activities will focus on mega-diverse countries in Latin America.

Inception

December 2014 

Fund Structure

Specialized Investment Fund, SICAV-SIF, under Luxembourg law involving different capital tranches

Committed Capital

USD 79.6 million 

Portfolio Outstanding

USD 50.0 million

Initiators 

KfW Development Bank, Conservation International (CI), and Finance in Motion 

Target Region 

Latin America and the Caribbean, with an initial focus on highly biodiverse countries (Colombia, Ecuador, Peru, and Central America) 

End-Borrower

Businesses whose activities are certified to be in line with conservation and biodiversity goals or those that are making improvements to be in line with such goals from the sectors of agriculture and agri-processing, fisheries and aquaculture, sustainable forestry, or tourism 

Target Financial Institutions 

Microfinance institutions, commercial banks, and other non-bank financial institutions as well as direct investments in sustainable businesses 

Financial Instruments

Senior loans/subordinated debt, promissory notes, time deposits/certificates of deposits, subscription to bonds issues, term-enhancement instruments (e.g., standby facilities), co-investments, standby letters of credit, and guarantees

Status: 30 September 2016

Finance in Motion has been mandated as an advisor to provide the following services:

  • Investment Advisory
  • Risk Management
  • General Fund Advisory
  • Technical Assistance Management

Financing for local businesses will be provided either directly by the fund or through local financial institutions. Given the fund’s mission and the nature of its target region, investments will focus on the areas of sustainable agriculture and agri-processing, sustainable fisheries and aquaculture, sustainable forestry, and tourism.

For further information about the eco.business Fund, please visit www.ecobusiness.fund.

Market Presence