April 12

Global Environment Facility Adds $13 Million to AGRI3 Fund for Sustainable Agriculture

By Jean Marie Takouleu

The Global Environment Facility (GEF) has confirmed a $13.5 million equity investment in the AGRI3 Fund. This funding mechanism supports the development of sustainable agriculture and forest conservation.

The Global Environment Facility’s (GEF) $13.5 million investment is being made through Conservation International, one of its partner agencies. This equity investment will enable the AGRI3 Fund to leverage additional funding for its missions around the world, particularly in Africa, Asia and Latin America. This financing mechanism, launched by the United Nations Environment Programme (UNEP) and Rabobank, supports the development of sustainable agriculture and the preservation of forests.

Photo courtesy of UN Women / Ryan Brown.

Source: Afrik21 (link opens in a new window)

Agriculture, Investing
climate finance, forests