LDN Fund Technical Assistance Facility is open for applications
Avoiding, reducing and reversing land degradation requires investments in sustainable land management practices. The Land Degradation Neutrality Fund (LDN Fund), co-promoted by the UNCCD, is a first-of-its-kind fund that invests in profit-generating sustainable land management and land restoration projects that contribute to SDG 15.3. However, project preparedness can be a major bottleneck for sustainable land management investments.
The LDN technical assistance facility (TAF), managed by the Sustainable Trade Initiative (IDH), helps overcome this hurdle. The LDN TAF can provide grants for projects that have the potential to receive funding through the LDN Fund and can be investment-ready within twenty four months. Pre-investment assistance focuses on enhancing technical, operational and financial design and structures, as well as provide project preparedness support that considers broader social and environmental impacts.
To be eligible for LDN TAF pre-investment support, a project needs to demonstrate that it meets the LDN TAF eligibility criteria, and must go through the five-stage application process. Interested parties can find more information here...