The Restoration Seed Capital Facility is proud to announce that ECOTIERRA’s Urapi Sustainable Land Use Fund has successfully closed an investment of USD 9.2 million in Honduras, with the Facility’s support.
RSCF provided project development support in the form of reimbursable grants, notably to enable Ecotierra to achieve strengthened environmental and social outcomes for this investment.
The project implements an innovative model of mixed revenues by rehabilitating old coffee plantations on degraded land, using sustainable agroforestry systems. It will also install new coffee and cocoa production areas under agroforestry, in addition to protecting and restoring forests and establishing beekeeping production. The project was designed and will be implemented in partnership with Société de coopération pour le développement international (SOCODEVI), an NGO.
Through its support, RSCF has enabled Ecotierrra to accelerate and expand its efforts in bringing this opportunity to a successful close and contributed to achieving significant E&S outcomes beyond business-as-usual practices.
If you are a fund manager or investment adviser who is interested in strengthening the E&S impacts of your fund or investment pipeline, learn how RSCF could support your fund or project development vehicle here.