IDH the Sustainable Trade Initiative, as manager of the AGRI3 Technical Assistance Facility (TAF), can support companies and commercial financial institutions to develop high sustainability impact investment projects using technical assistance support. The aim of this support is to meet investment requirements for commercial financing that can be supported by impact funds such as the AGRI3 Fund, or to maximize the impact of projects already supported by AGRI3 Fund.
Palm oil is Indonesia's most important agricultural export product, worth US$17.36 billion. It contributes to poverty alleviation in many parts of the country, including Sumatra, Kalimantan and Sulawesi. According to the Central Bureau of Statistics, oil palm is the most widely cultivated crop in terms of area, covering approximately 14.6 million hectares.
IDH and JBS will broaden their partnership for the sustainable production of calves in Brazil to register 1 million animals by 2025, ensuring the traceability of calves from breeder farms.
Stichting andgreen.fund (“&Green”) has invested USD 12 million as an 8-year loan facility in PT Hilton Duta Lestari (“HDL") to construct a Crude Palm Oil mill and to create an inclusive palm oil supply base in West Kalimantan, Indonesia that ensures No Deforestation, No Peat, and No Exploitation (NDPE). &Green, a blended finance vehicle established to de-link deforestation from tropical agricultural commodity production, will work with HDL to reduce deforestation across four districts and improve incomes for up to 85,000 inhabitants, mainly indigenous (Dayak) communities. By empowering smallholders throughout a 30km radius around its estates, HDL will be able to source only from no-deforestation oil palm fruit (FFB) suppliers, which will therefore support forest protection in a landscape that is experiencing accelerating rates of clearing.
