Embed Size (px)
Citation preview
TERRA BELLA FUND
GLOBAL LANDSCAPE FORUMUNFCCC COP 21
INITIATIVE 20×20
Paris 6 December 2015
Page 2
Terra Bella Fund
Income Generation Agriculture/agroforestry Non-timber forest products Sustainable management of natural forests Linked to climate change mitigation
Beneficiaries and Impacts Build value chains with community-based producer groups and producer
managed processing Engage smallholders within a formal land tenure structures (including
communal) Reduce deforestation/degradation and increase tree cover Improve rural livelihoods with long-term financial viability
Risk Mitigation Some track record exists for production Government participation and agreements in place Strong NGO or other local entity to support/oversee implementation Contractual agreements for governance, funds management and operations Forward agreements for products and emission reductions
Provide early-stage project capital to finance smallholder/community sustainable value chains and
emission reductions
Page 3
Terra Bella – Five Step Investment Process
1. Initial Information Gathering
2. Asses Investment
Viability3. LOI 4. Due
Diligence
5. Transaction Agreements
Support provided throughout process to build investability
1. Initial Information Gathering Determine if project meets the Fund’s “investment readiness” criteria
2. Assess Investment Viability Evaluate the business case (from both the project and Fund perspective)
3. Letter of Intent Agreement between Fund and project entity(ies) with high level economics
terms4. Due Diligence
Comprehensive review of all aspects of project and field visits5. Transaction Agreement
Definitive agreement with complete terms and conditions between Fund and project
Page 4
Illustrative Project Investment
Summary Jointly managed National Council for Protected Areas (CONAP) and
Association of Forest Communities in Petén (ACOFOP) Multiple Use Zone of the Maya Biosphere Reserve (largest natural protected
area in Guatemala is designated as an UNESCO global heritage) 721,000 hectares, 9 community associations and 2 industrials Critical biodiversity corridor with Mexico and Belize
GuateCarbon Project in Guatemala
Page 5
Investable Activities
Non-timber Forest Products and Timber from Natural Forests Ramon Nut - nutrient-rich tree seed used to make flour Xate – palm fronds for flower arrangements Sapodilla tree (chicle) – used in chewing gum, fresh fruit, jam FSC certified timber from natural forests
Emissions Reductions Improved governance of reserve Monitoring and verification for voluntary market access (VCS+CCB) Nested in Guatemala’s REDD+ program with Carbon Fund
Beneficiaries and Impacts Alternative income streams Food security Water quantity and quality Community education and health
Increase Productivity, Producer Processing and Market Links
Page 6
Thank you!
Please contact us for more information or to arrange a meeting:
Leslie Durschinger, Founder Managing Director [email protected]
+1.415.215.5941
Page 6
