Eco Business fund for SME Development in Latin America

Support to SMEs
-Regional Latin America-
COUNTRIES
-Regional Latin America-, Colombia, Costa Rica, Ecuador, Honduras, Nicaragua, Peru
DATES
29/12/2016 - 28/12/2020
TOTAL BUDGET
€ 336 390 000
TOTAL LAIF CONTRIBUTION
€ 16 410 000
SECTOR
Support to SMEs
TYPES OF SUPPORT
Financial Instruments
Technical Assistance
PROJECT FICHE:
DESCRIPTION

The eco.business Fund is a joint initiative of investors intent on supporting the promotion of business and consumption practices that contribute to biodiversity conservation, the sustainable use of natural resources, climate change mitigation and adaptation to its impact. In providing financing to the Fund’s target group for investing in activities that conserve nature and foster biodiversity, the eco.business Fund seeks investments that yield both financial and environmental returns. The financing can be provided directly or through local financial institutions. In addition, final beneficiaries and local lending institutions can count on high impact technical assistance provided by the eco.business Development Facility.

RESULTS
  • Protection of 1.2 M ecologically valuable hectares.
  • 540 companies financed.
  • EUR 318 million disbursed.
  • 2.36 million tons of CO2 eq emissions reduced yearly.
LEAD FINANCING PARTNER
CO-FINANCING PARTNERS
CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS
PUBLICATIONS
eco.business fund report 2019

Eco.business Fund - Impact report 2019

Sowing Impact
July 21, 2020

In operation for six years now, the eco.business Fund continues to work towards making a positive impact on the environment for both people and the planet. Positive impact management is guided by a Theory of Change, which provides a detailed mapping of how the eco.business Fund’s activities lead to its final results. By demonstrating a successful track record where tangible impact can be realized, the fund paves the way for future expansion of green practices.

eco.business Informe de impacto 2018

Eco.business Fund - Impact report 2018

Investing in impact on the ground
December 09, 2019

This report sets out the progress made since the fund's inception and the approach with which it seeks to make a real difference for the planet. The eco.business Fund seeks to generate long-term impact by providing financing and technical assistance that promote business and consumer practices aimed at the conservation of biodiversity and the sustainable use of natural resources. Through its activities, the fund encourages greater integration between economic development and sustainable practices. In addition to financial returns, the fund is generating impacts that reach new dimensions. With more than 3,000 end borrowers who sustainably carry out agricultural and food production activities, the fund supports the sustainable management of more than 140,000 hectares of agricultural land, which not only helps protect fragile and highly biodiverse ecosystems, but also it also promotes more efficient use of natural resources. In this way, both the causes and the effects of climate change are addressed, through the financing of agroforestry systems or technologies to save water.