Applications open for Loan Guarantee Facility to support sustainable fishing
Clarmondial announces the start of the Loan Guarantee Facility, which unlocks financing for sustainable fishing. The facility was developed in partnership with the Marine Stewardship Council (MSC) and other key stakeholders. It is ready for deployment to support fishing operators globally in attaining or maintaining certification under the MSC Fisheries Standard. Sustainable fishing is essential […]
What does the outcome of COP29 mean for global carbon markets?
At the UN Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP29), which ended on 24 November, negotiators finalized an agreement on Article 6 of the Paris Agreement, furthering the creation of an internationally coordinated carbon market (link). These developments are already impacting corporates working their net zero targets. Historical context: From CDM […]
How ‘catalytic warehousing’ can help stand up emerging fund managers and accelerate climate investing
By: Tanja Havemann, Adam Wolfensohn, Edward Marshall, John Simon, Daniel Wanjira and Suzanne Bagert How can we meet the world’s need for impact financing when emerging fund managers face strong headwinds raising capital — in particular for those focused on climate investments in global developing and emerging markets? Catalytic capital for “warehousing” pre-fund investments can […]
New USD 300 million financing for cocoa & coffee announced. Support from key origins and Concept Note submitted to Green Climate Fund endorsed
Clarmondial has received endorsement to proceed to Full Proposal development by the Green Climate Fund (GCF) and key cocoa and coffee origins to develop the USD 300 million Accountable Cocoa and Coffee Tranche (ACCT). This initiative, integrated into the Food Securities Fund, addresses the growing need for working capital to address climate change and foster […]
Clarmondial partners with SSNUP to support nature & gender action in Burkina Faso
Clarmondial has partnered with the Smallholder Safety Net Upscaling Programme (SSNUP) to support an investee of the Food Securities Fund. The investee will receive a Technical Assistance (TA) grant to improve the livelihoods of cashew and mango farmers in Burkina Faso. The project has three objectives: Improve the production practices of 3’000 farmers through trainings […]
Food Securities Fund: three years of impact and counting!
The Food Securities Fund (“Fund”) 2023 Impact Report was recently shared with investors. The Impact Report highlights the Fund’s ongoing commitment to mobilizing private capital for sustainable supply chains and landscapes in emerging and developing markets. It also includes Article 9 disclosures under the European Union’s Sustainable Finance Reporting Directive (SFDR). In its first three […]
Convergence awards grant to Clarmondial for the Biosphere Integrity Fund
We are pleased to announce that Convergence has awarded grant to Clarmondial for the Biosphere Integrity Fund (Biosphere), under the Gender-Responsive Climate Finance Design Funding Window, funded by Global Affairs Canada. Biosphere will finance the transition of emerging and developing market agricultural supply chains and sourcing landscapes to achieve targets on the environment, local livelihoods, […]
Don’t be cheap. Do your homework. Engage.
Lessons from navigating the Voluntary Carbon Markets in 2024 The scale of the climate finance opportunity and need are clear. While Clarmondial prioritizes working with companies to increase action within their value chains, we also recognize the importance of Beyond Value Chain Mitigation (BVCM). This is why we participated in the development of SBTi’s […]
Catalyzing impact investments in the Mt Kenya landscape
In preparation for the launch of the Biosphere Integrity Fund, Clarmondial is pleased to announce an agreement to execute a pilot investment in the Mount Kenya landscape. This builds on Clarmondial’s local presence, and the foundational work done by Rainforest Alliance Kenya under the Mount Kenya Sustainable Landscapes and Livelihoods (MSuLLi) Program, funded by the […]
Food Securities Fund’s first investment in Latin America, plus another successful renewal in a Least Developed Country
Clarmondial is pleased to announce the first Food Securities Fund transaction in Latin America, in addition to a recent loan renewal in a Least Developed Country (LDC) in Africa. The latest borrower in Latin America sources cocoa from several thousand farmers, predominantly smallholders, who operate in a biodiversity hotspot. The borrower is committed to supporting […]