Tuesday
September 27
2022

Press Release: DFC and USAID Provide $10 Million Loan Portfolio Guaranty for Conservation International Foundation’s Impact Investment Fund, Conservation International Ventures, Supporting Conservation in Mexico, Peru, and Colombia

U.S. International Development Finance Corporation (DFC) and USAID earlier this week announced a collaboration to provide $5 million in financing for a $10 million loan portfolio guaranty for Conservation International Foundation’s impact investment fund, Conservation International Ventures. The financing will provide capital for investments that will help conserve, restore, and sustainably manage critical ecosystems in Mexico, Peru, and Colombia.

“DFC’s financing support for Conservation International Ventures will reinforce conservation efforts through innovative and sustainable new development projects in Mexico, Peru, and Colombia,” said Rebecca Brocato, DFC Chief of Staff. “This collaboration demonstrates how DFC and USAID can work together to maximize development impact.”

“Through this guaranty, USAID supports the mobilization of resources to open the door for greater market opportunities for smallholder farmers, as well as promote sustainable practices that preserve the environment and elevate incomes,” said Bruce Abrams, USAID/Mexico Mission Director.

“For Conservation International, de-risking CI Ventures portfolio of investments will translate into more impact on the ground, enabling the provision of flexible, impact first capital to enterprises seeking to conserve and restore vital ecosystems,” said Agustin Silvani, SVP of Conservation Finance. “It will also generate operational efficiencies and market resonance into fundraising efforts.”

With U.S. support, Conservation International and Conservation International Ventures intend to maximize environmental and social outcomes, and unlock additional finance for conservation impact in Mexico, Peru, and Colombia. Investments under the guaranty could include ocean health solutions such as mangrove restoration, sustainable livestock, regenerative agriculture, sustainable harvesting from forests, ecotourism, and more. These investments will seek to promote sustainability, biodiversity, and improve local livelihoods.

The USAID missions in Mexico, Peru, and Colombia are also supporting the guaranty through technical assistance.

Photo courtesy of Bioversity International.

Source: U.S. International Development Finance Corporation (link opens in a new window)

Categories
Investing
Tags
agriculture, global development, impact investing, smallholder, social impact, sustainability