The Selva Fund is an open-ended fund that will provide finance and technical assistance to invest in bioeconomy activities, forest-based products and commodities value-chains for small and medium size enterprises. The bioeconomy activities are expected to contribute to the protection and restoration of the Amazon Forest whilst supporting sustainable livelihoods for local communities in the Amazon regions of Brazil, Colombia, Peru and Ecuador. The fund structure has been designed to be part of a broader SDG Bond Program with 6 other blended finance impact funds and will seek to mobilize additional private finance through capital markets.

Project Details

GEF Project ID
10937
Country
Regional
Implementing Agencies
Conservation International
Approval FY
1970
Status
Cancelled
Region
Regional
Executing Agencies
Bamboo Capital Partners
GEF Period
GEF - 7
Project Type
Full-size Project
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
77,000,000
GEF Project Grant
10,000,000
GEF Agency Fees
900,000

Timeline

Received by GEF
16 Mar 2022
Concept Approved
23 Jun 2022
Project Cancelled
26 Jan 2024