Project: Green bond GEF fund application support
Client: CAF Development Bank
Sustain Value worked closely with CAF Development Bank to help them submit a successful Project Identification Form to secure US$ 6 million of fund guarantees for the ‘Green Finance and Sustainable Agriculture to Protect the Dry Forest Ecoregion of Ecuador and Peru’ project. The application should help leverage around US$70 million in finance to develop national Green Bonds in Ecuador and Peru to finance climate smart sustainable agriculture and forest protection projects along the coastal strip of these countries. Sustain Value assisted in writing the project description, context, outcomes and overall ‘theory of change’ to meet GEF fund application requirements. The project also involved working alongside BanEcuador, COFIDE, Conservation International, FAO and the Global Green Growth Initiative to help integrate their inputs.