Grants and Contributions:
Title:
Sustainable Land Fund (SLF 2)
Agreement Number:
7466597 P015103001
Agreement Value:
$15,000,000.00
Agreement Date:
Mar 14, 2025 - Mar 31, 2026
Description:
The Sustainable Land Fund 2 (SLF 2) is a targeted EUR 350 million impact investment fund supporting projects in sustainable agriculture and forestry globally. Building on the success of Mirova’s Land Degradation Neutrality (LDN) Fund, this successor Fund seeks to continue increase climate adaptation and mitigation, biodiversity protection, community inclusion and gender equality. The Fund aims to improve the environment and well-being of vulnerable populations, including smallholder farmers and women in emerging markets. Project activities include mobilizing private sector capital to finance impactful companies adopting sustainable land management practices. The Fund intends to finance over 30 projects benefiting 100,000 farmers and workers, reaching a minimum of 30% women. Also, the Fund aims to demonstrate its capacity to mobilize capital at scale to drive longer-term sustainable financing in the sector.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes of this project include: (1) increased flow of capital toward sustainable land use projects in developing countries; (2) increased climate resilience of investee companies, participating communities and ecosystems in developing countries; and (3) increased economic resilience, including for women, in developing countries.
Location:
Luxembourg, LU 2520
Reference Number:
064-2024-2025-Q4-A0055
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
-3
Recipient Type:
Other
Additional Information:
Belated reporting.
Recipient's Legal Name:
MSLF2 - SLF2 Main Fund
Federal Riding Name:
Not Coded
Federal Riding Number:
NA
Program:
Innovative Finance Program Contributions
Program Purpose:
Programme de financement innovant - Cont