CoAct Database

Innovative Finance for the Amazon, Cerrado and Chaco (IFACC)

Innovative Finance for the Amazon, Cerrado and Chaco (IFACC) is a new initiative from the United Nations Environment Programme, the Nature Conservancy and the Tropical Forest Alliance. We serve as the “go-to” team for banks, companies and investors seeking to expand innovative finance for deforestation/conversion-free beef and soy in these regions. IFACC is a new initiative from the United Nations Environment Programme, the Nature Conservancy and the Tropical Forest Alliance. We serve as the “go-to” team for banks, companies and investors seeking to expand innovative finance for deforestation/conversion-free beef and soy in these regions. We want to scale innovative financial mechanisms—including farm loan products, farmland investment funds, corporate debt instruments and capital markets offerings—and help farmers implement proven business models to supply the global market without further conversion of the Amazon, Cerrado and Chaco ecosystems.

Summit/ Mobilisation process: UNFCCC COP26, Glasgow, Scotland (2021).

Activity period	2021–2024
Last CoAct update	n/a
Web URL	https://www.ifacc-initiative.org/home
Output effectiveness	0.67
Accountability Index	0.00
Inclusiveness Index	0.32
Num. actors	31
Functions	Knowledge dissemination, Technical implementation, Funding
SDGs
Themes	land use
Policy focus	Mainly adaptation
Sectors	Agriculture, forestry and fishing, Financial and insurance activities, Professional, scientific and technical activities
Implementation countries	Argentina, Brazil, Paraguay