IDB Invest promotes ecological businesses with investment in EcoEnterprises Fund

The EcoEnterprises Partners IV Fund will receive up to 10 million dollars in financing to provide customized growth capital to support small and medium-sized enterprises (SMEs) in Latin America and the Caribbean (LAC).

The Fund aims to increase long-term financing for innovative nature-based companies in the Amazon, Andean, and Mesoamerican regions focused on preserving and restoring biodiversity, fostering ecological solutions, and promoting resilient growth. Investments will target sectors such as agriculture, agroforestry, aquaculture, ecotourism, energy, and the circular economy, contributing to the development of a resilient economy.

IDB Invest will contribute with 5 million dollars, while the Finland-LAC Blended Finance Climate Fund, a trust fund supported by the government of Finland aimed at catalyzing private investment in climate change adaptation and mitigation in the region, will also disburse 5 million dollars.

In addition, IDB Invest will provide advisory services to EcoEnterprises to support their adoption of the Task Force on Nature-related Financial Disclosures (TNFD) framework.