Conservation International and GEF support Food Securities Fund
On October 4th, the Global Environment Facility (GEF) and Conservation International (CI) announced the approval of a USD 15 million commitment to the Food Securities Fund. The announcement follows a subscription to fund shares by the GEF. Carlos Manuel Rodriguez, CEO and Chairperson of the GEF, stated that the Food Securities Fund is “an innovative financial solution that can mobilize capital from investors in support of global environmental benefits”. Dr. M. Sanjayan, CEO of Conservation International, added that the Food Securities Fund provides a “much-needed investment in rural livelihoods that will encourage planet-positive habits at every link in the agricultural supply chain.”
The announcement is available at http://www.thegef.org/newsroom/press-releases/gef-supports-innovative-food-securities-fund-sustainable-agriculture
Citi and Vistra celebrate launch of Food Securities Fund
The Food Securities Fund started operations in March 2021. Vistra and Citi celebrated it with a press release, confirming their support and highlighting some of the financial and ESG merits of the fund. Citi acts as the fund’s central administration agent and depository, and Vistra as the fund’s external AIFM.
The announcement is available at http://www.vistra.com/insights/vistra-and-citi-support-food-securities-fund