Arbaro Fund – Sustainable Forestry Fund

  • Mitigation
  • Under implementation
Date approved
12 Mar 2020
Est. completion
30 Oct 2035
ESS Category
Intermediation 1
Financing
Private sector
Entity
MUFG Bank, Ltd

Overview

The Programme will provide effective climate change mitigation outcome through investing in sustainable plantation forestry projects in emerging forestry markets of Latin America and Sub Saharan Africa, while also bringing adaptation co-benefits. This investment approach provides developing countries and their rural communities with a solution to increase carbon sinks by producing wood in a sustainable manner and conserving natural forests, whilst contributing to reduction of illegal logging.

Besides direct mitigation achieved in forest plantations, the Programme operations will lead to additional green house gas emission reduction benefits: the protection of natural forests in project areas, as well as the provision of alternative wood resources, will support efforts to combat deforestation and degradation of natural forests in project regions, and part of the carbon contained in harvested trees will be stored in wood products.

Result areas

Project timeline

  • Pipeline

    926 days

    • Concept note received

    • Funding proposal received

    • Cleared by GCF Secretariat

    • Cleared by iTAP

    • Legal opinion on AE's Internal Approval

  • Approved

    233 days

    • Approved by GCF Board

    • FAA executed

  • Under implementation

    2,055 days so far

    • FAA effective

  • To be completed

    3,424 days to go

    Not started

  • Total project value $ 200 million

  • Tonnes of CO2 equivalent avoided 20 million

Financing

GCF-financing

0.0%

USD

Co-financing

0.0%

USD

USD 200 million

Show details

GCF-financing

90% disbursed

  • Equity USD 25,000,000
  • Total GCF-financing USD 25,000,000

Co-financing

  • Equity USD 25,000,000
  • Equity USD 100,000,000
  • Equity USD 46,000,000
  • Equity USD 4,000,000
  • Total co-financing USD 175,000,000

Documents

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