What does the EU Taxonomy mean for agriculture investments?
by Tanja Havemann (Clarmondial), Dr. Christine Negra (Versant Vision), Jos Lemmens (APG) When it comes to conversations about sustainable finance in 2020, there is no escaping the EU Taxonomy. An idea first pitched by the High Level Expert Group (HLEG) on Sustainable Finance – appointed by the European Commission in 2016 to advise on […]
Blended finance for agriculture: exploring the constraints and possibilities of combining financial instruments for sustainable transitions
by Tanja Havemann, Dr. Christine Negra, Fred Werneck Agriculture is a critical sector for food security and environmental integrity as well as an engine of socio-economic development in emerging economies. To achieve agriculture-related SDGs, investments are needed in innovative technologies, greenfield production, infrastructure, working capital, and trade finance. Given the tremendous impact of the […]
Collaborative investment in agricultural impact information: Needed now more than ever
By Tanja Havemann, Christine Negra, David LeZaks, and Jos Lemmens In April 2019, the report “Environmental Impact Reporting in Agriculture (EIRA): Creating a link between agricultural investments and environmental impact” put forward a collaborative roadmap toward dynamic, globally-relevant benchmarking of environmental impacts in agriculture. Recognizing that the growing number of sustainable agricultural investment initiatives […]
GEF Council approves support to the Food Securities Fund
The Food Securities Fund was one of the three Non-Grant Instruments (NGI) approved by the Global Environment Facility (GEF) Council in December 2019. The global emerging markets fund, which starts with a focus on Sub Saharan Africa, was deemed to be well-aligned with GEF focal areas, including on land degradation, biodiversity, and climate change mitigation. […]
Supporting the transition to sustainable fisheries in West Africa
Supported by the MAVA Foundation, the Marine Stewardship Council (MSC) and Clarmondial have initiated the Lead Project to address sustainability challenges in West African fisheries. In partnership with government and industry bodies, 8 fisheries in Mauritania, Senegal, the Gambia and Cape Verde have been identified for an initial sustainability assessment under the MSC’s framework, and […]
Clarmondial proud to support Nespresso’s winning application to the GEF
Nespresso a winner of the GEF Challenge Program for Adaptation Innovation. Seed funding to support coral reef insurance, supply-chain resilience, and other climate risk remedies for entrepreneurs, food producers, cities, local communities. Nespresso were among the winners of the Global Environment Facility’s inaugural Challenge Program for Adaptation Innovation, a new competition supporting private sector remedies […]
Launch of the Impact Advisory Board for the Food Securities Fund
Clarmondial is pleased to announce the launch of the Impact Advisory Board in relation to the Food Securities Fund. The Impact Advisory Board will provide regular input to Clarmondial on environmental, social and governance (ESG) matters related to the Food Securities Fund, its strategy, policies and investments. The Impact Advisory Board is composed by accomplished […]
New EIRA report published
Pathway to better environmental impact reporting in agriculture outlined in new report The agriculture sector faces increasing environmental risks related to climate change and resource degradation. With appropriate information, investors, asset managers, and corporate decision makers can direct capital toward agricultural operations with better environmental performance and lower risks. However, many important types of environmental […]
Lombard Odier confirms support to Food Securities Fund
Clarmondial is pleased to announce that Lombard Odier, a leading Swiss bank established in 1796, has confirmed its commitment to invest in the Food Securities Fund through its Impact Investing fund of funds: LO Gateway Development Finance. The bank’s asset management division has allocated an undisclosed amount to the fund. Guillaume Bonnel, Head of Impact […]
A line in the sand
At Clarmondial, we are working on scalable initiatives to better finance responsible sourcing and production. We believe that many of the issues that result in mismanagement of plastics are similar to those in agricultural supply chains, including poor data, loose supply chains and inadequate procurement structures. We are excited that the pressing issue of plastic […]