The LDN Fund is an impact investment fund blending resources from the public, private and philanthropic sectors to support achieving LDN through sustainable land management and land restoration projects implemented by the private sector. GM spearheaded the establishment of the LDN Fund and undertook its initial design with support from the Governments of France, Luxembourg, Norway, and the Rockefeller Foundation and involvement of an advisory group that brought together representatives from public financial institutions, international NGOs and academia. A private sector investment management firm Mirova, an affiliate of Natixis Investment Managers dedicated to responsible investing, was selected competitively to manage the LDN Fund. Officially launched at UNCCD COP 13 in Ordos, China, the LDN Fund is the first-of-its-kind investment vehicle leveraging public money to raise private capital for sustainable land projects. Anchor investors – the European Investment Bank and the French Development Agency – are joined by institutional investors including the first north-American private investor Fondaction, the Fondation de France foundation and insurance companies BNP Paribas Cardif and Garance. The initiative is also backed by de-risking partners that include the Government of Luxembourg, IDB Invest and the Global Environment Facility. In total, investors have announced commitments of over USD 100 million out of a target of USD 300 million.
The Great Green Wall is a symbol of hope in the face of one of the biggest challenges of our time – desertification. Launched in 2007 by the African Union, this game-changing African-led initiative aims to restore Africa’s degraded landscapes and transform millions of lives in one of the world’s poorest regions, the Sahel. Once complete, the Wall will be the largest living structure on the planet – an 8,000 km natural wonder of the world stretching across the entire width of the continent.