Dutch Fund for Climate Development invests in forestry management to address climate change

July 2020

News

The Dutch Fund for Climate Development (DFCD) Investment Committee has approved a EUR 250,000 grant and a Euro 160,000 SNV technical assistance package for Forest Carbon on July 9, 2020. 

This  fund is expected to lead to 71,000 hectares of sustainably managed forests and wetlands. In addition, mitigate 1.8 million tons of greenhouse gas emissions per year, protect biodiversity, create jobs for 500 local people and positively impact the lives of 12,000 people.

Forestry management is an important tool in addressing climate change adaptation. Well managed landscapes can reduce the potential for forest fires, which are major greenhouse emission events.

The DFCD’s development finance support to Forest Carbon is expected to contribute to climate change adaptation in accordance with the Paris Agreement and the United Nations Framework Convention on Climate Change (UNFCCC).

About the DFCD

The Dutch Fund for Climate and Development (DFCD) enables private sector investment in projects aimed at climate adaptation and mitigation in developing countries. The Dutch Ministry of Foreign Affairs has made available €160 million to increase the resilience of communities and ecosystems most vulnerable to climate change. The DFCD is managed by a pioneering consortium of Climate Fund Managers (CFM), Worldwide Fund for Nature Netherlands (WWF-NL) and SNV Netherlands Development Organisation, led by the Dutch Entrepreneurial Development Bank, FMO. For more information, please visit: www.thedfcd.com

About Forest Carbon

Forest Carbon is a Southeast Asian-based firm that addresses the need for a regionally focused team capable of providing technical and project development services for carbon forestry projects in tropical rainforest countries. For more information, please visit: www.forestcarbon.com  

For more information about this project, contact: 

Forest Carbon: Mr. Jeff Chatellier, j.chatellier@forestcarbon.com
The Dutch Fund for Climate and Development: Mr. Alex Downs, adowns@snv.org


 


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