The WWF GEF Agency is overseeing the execution of a $2 Million GEF grant to the Technical Assistance Facility (TAF) of the Land Degradation Neutrality Fund (LDNF). We are delighted to announce that…
Investments in sustainable land management practices are needed to avoid, reduce and reverse land degradation. The Land Degradation Neutrality Fund, co-promoted by the UNCCD, is a first-of-its-kind fund investing 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 investment.
The LDN technical assistance facility (TAF), managed by IDH, helps to alleviate this bottleneck. The LDN TAF can provide grants and reimbursable grants to investment projects that have potential to be invested into by the LDN fund, and be investment-ready within 24 months. Pre-investment TA can focus on enhancing technical, operational and financial design and structures, as well as support project preparedness support related to broader social and environmental impact.
In order to be eligible for LDN TAF pre-investment support, a project needs to demonstrate it meets the LDN TAF eligibility criteria, and pass through the five stage application process.
Interested parties can find more information on https://www.idhsustainabletrade.com/landscapes/ldn-taf/
The Global Environment Facility is a partnership for international cooperation in which 183 countries work together with international institutions, civil society organizations, and the private sector to address global environmental issues.
World Wildlife Fund is proud to be accredited as a GEF Project Agency.
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