Invitation: International launch of the Dutch Fund for Climate and Development
The Dutch Ministry of Foreign Affairs, WWF, SNV, Climate Fund Managers (CFM) and FMO cordially invite you to the international launch of the Dutch Fund for Climate and Development, at the COP climate summit taking place in Madrid, on 9 December (17:00 - 18:00hrs) in the Benelux pavilion.
The new Dutch Fund for Climate and Development (DFCD) enables private sector investment in climate adaptation and mitigation in developing countries and aims to increase the resilience of communities and ecosystems that are most vulnerable to climate change.
The fund is managed by a pioneering consortium of the World Wide Fund for Nature (WWF), SNV Netherlands Development Organisation (SNV), Climate Fund Managers (CFM), and is led by the Dutch Entrepreneurial Development Bank, FMO. It serves as a significant additional instrument in support of the Dutch Government’s efforts to contribute to the Paris Agreement and the United Nation’s Sustainable Development Goals (SDGs).
The DFCD provides loans, equity and technical assistance to climate projects with a focus on climate change adaptation, to mobilise external private sector funding at scale. The fund expects to catalyse over €500 million in additional funding for bankable projects across the world from the initial €160 million which has been made available by the Dutch Ministry of Foreign Affairs. These projects will boost the health of freshwater, forests, agricultural and ocean ecosystems, and improve water management.
Join us, together with other governmental parties, investors, NGO’s, business leaders, and interested partners, to learn more about the opportunities of the fund. We look forward to introduce the consortium to you and to share the ins and outs of this promising new instrument for climate finance.
Speakers:
Sigrid Kaag, Minister for Foreign Trade and Development Cooperation, The Netherlands
Marco Lambertini, Director General at WWF
Linda Broekhuizen, CIO at FMO
Meike van Ginneken, CEO at SNV
Andrew Johnstone, CEO at Climate Fund Managers
Tony Clamp, Deputy Director at Green Climate Fund
Jay Koh, Managing Director at The Lightsmith Group