Pre-investment Technical Assistance by LDN TAF
Ecookim Coop-Ca, a cross-country Union of Cooperatives operating in Côte d’Ivoire, aims to support income-generating opportunities for their cooperative members and restoration of degraded lands through large-scale transition towards fit-for-purpose cocoa agroforestry systems. Links to REDD+ are being explored to potentially add revenue options.
Ecookim requires patient capital (US $10 million) to develop and scale its planned transition towards optimized cocoa agroforestry and to expand its operations to process agroforestry products other than cocoa.
- Establish the business model and assess the feasibility of Ecookim cocoa producing members to transition to an agroforestry system, and determine the investment needed to facilitate this transition at scale;
- Analysis of the most suitable structure for Ecookim to receive and manage the investment, including assessment of local bank partnership options.
Technical assistance support from the LDN TAF does not constitute a commitment from the LDN Fund, or Mirova, to finance directly or indirectly the project described above. Any such commitment shall be subject to inter alia, a detailed technical, financial and legal due diligence of the company and the project, as well as all required LDN Fund investment committee approvals and satisfactory documentation.