A new partnership to develop, implement and finance collective landscape action has been announced (link). The Business Case initiative is a partnership made up of four consortium members – Rainforest Alliance, Clarmondial, Conservation International and CDP – supported by USAID.
The initiative will leverage landscape approaches and value chain commitments to address global and local environmental challenges associated with commodity-driven deforestation including greenhouse gas emissions and biodiversity loss. These include Rainforest Alliance’s LandScale action plans, CDP corporate disclosure (climate-related Scope 3 commitments under SBTi, national and sub-national climate commitments including Nationally Determined Contributions under the UN Framework Convention on Climate Change), and Conservation International’s policy engagement and technical expertise including on SBTN.
Clarmondial will leverage its sustainable supply chain investing experience, climate finance expertise and partnerships from the Food Securities Fund to develop and implement innovative financing mechanisms, including the design and launch of a new global emerging markets fund, led by Edgar Mora.
The initiative already has significant private and public sector support, notably from USAID, as well as from leading local and international companies sourcing coffee, timber, palm oil, rubber, and cocoa.