Agriculture, forestry and other types of land use account for 30% of global greenhouse gas emissions.
ECOTIERRA’s Canopy Sustainable Land Management Fund, launched at last week’s COP23 summit in Bonn, Germany, is backed by Quebec-based investment fund Fondaction and Mirova, the responsible investing arm of Natixis Global Asset Management.
The Canopy fund will partner with small agricultural producers in Latin America to improve land management practices and support small producer cooperatives’ business models.
The fund aims to triple small farmer revenues, protect thousands of acres of forest, and reduce carbon emissions by 20 million tons.
ECOTIERRA also is developing sustainable forest and agro-forestry projects in Canada and West Africa.