Department for Environment, Food, and Rural Affairs
roomNobel House, Smith Square, LONDON, UK
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The eco.business Fund

IATI Identifier: GB-GOV-7-ICF-P0003-EcoB
Published in IATI IATI
  • date_range Dec 01, 2015 - Dec 01, 2031
  • autorenew Implementation (Status)

The eco.business fund is a public-private partnership investment fund which aims to shift incentives in financial institutions (i.e. Banks) towards investing in nature, by embedding social and environmental risk into investment decisions, catalysing transformational change in the financial sector. The fund will increase lending to businesses which incorporate sustainable practices that contribute to biodiversity conservation, sustainable use of natural resources, climate change mitigation and adaptation to its impact across South America: Ecuador, Costa Rica, Nicaragua, El Salvador, Colombia, Panama, Honduras, Guatemala, Mexico and Peru.

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Sectors:
  • Agricultural development error
    Sector code:
    31120 - Agricultural development
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Agricultural land resources error
    Sector code:
    31130 - Agricultural land resources
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Forestry development error
    Sector code:
    31220 - Forestry development
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)

Participating Organisations

Organisation Name Organisation Type Organisation Role
Department for Environment, Food, and Rural Affairs Government Accountable
UK - Department for Environment, Food and Rural Affairs Government Funding
Finance in Motion Private Sector Implementing

Transaction

Transaction Value Provider Receiver Type Date
12,625,178 GBP (Valued at Dec 10, 2019) circle Department for Environment, Food, and Rural Affairs circle Receiver N/A Disbursement date_rangeDec 10, 2019
10,000,000 GBP (Valued at Aug 16, 2016) circle Provider N/A circle Receiver N/A Disbursement date_rangeAug 01, 2016
10,000,000 GBP (Valued at Feb 01, 2016) circle Provider N/A circle Receiver N/A Disbursement date_rangeFeb 01, 2016

Budget

32,625,178 USD
20,000,000 GBP (Valued at Apr 01, 2015) date_range Apr 01, 2015 - Mar 31, 2016
12,625,178 GBP (Valued at Apr 01, 2019) date_range Apr 01, 2019 - Mar 31, 2020
access_timeUpdated on Mar 28, 2024 11:00:56
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