Land Degradation Neutrality Fund
Last updated 22 November 2020, by Impactyield.
Initiated by the United Nations Convention to Combat Desertification (UNCCD) and Mirova, the Land Degradation Neutrality Fund is seeking to be a source of transformative capital bringing together public and private investors to fund triple bottom line projects that contribute to land degradation neutrality (“LDN”), a major global challenge that was officially set as part of the United Nations Sustainable Development Goals (“SDGs”) in September 2015 (SDG 15, target 3). The Fund provides patient long-term finance and technical assistance for land use transformation, shifting the trend from land degradation and unsustainable land use to land rehabilitation and sustainable land use.
of track record
the year funded
Mirova Natural Capital
Headquarters location: Luxembourg
Other funds managed by this asset manager: Althelia Madagascar Sustainable Landscapes FundAlthelia Sustainable Ocean FundNature Conservation NotesAlthelia Climate Fund 1
Key performance indicators
Asset manager: Mirova Natural Capital
Product track record: Fund has 5 years of track record
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Fund domicile: Luxembourg
Inception year: 2018
Vintage year: 2018
Target region: Global
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Investment size: Min: 0; Max: 0; Avg: 0
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 0
Fund investments to date exited or repaid: 0
Management fee: n.a.
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GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
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Poor land management practices have led to the loss of more than 25% of the world’s arable land in the last two decades2. As with the direct economic value of sustainably using land and its resources, proper management of land-based ecosystems can increase food security, decrease biodiversity loss, and help combat climate change, poverty, social instability and conflicts. The Land Degradation Neutrality (LDN) concept is included in the SDGs and other initiatives. Co-promoted by Mirova and the United Nation Convention to Combat Desertification, the LDN investment strategy brings public and private capital together to provide long-term financing to sustainable land-use projects that will reduce or reverse land degradation through sustainable agriculture, sustainable forestry and other land-use related sectors (AFOLU)