Highlights

The DFCD Land Use Facility had two evident highlights in 2023:

The Land Use Facility reached the full commitment stage. In 2019, the Ministry of Foreign Affairs of the Netherlands committed EUR 55 mln to the Land Use Facility as part of the Dutch Fund for Climate and Development. In 2023, the Land Use Facility has been well deployed. With a promising pipeline and an integrated program within the consortium, the Land Use Facility is ready for the next phase.

The negotiations with the European Commission for the guarantee agreement under EFSD+ reached the final advanced stage with an agreed Term Sheet. This guarantee structure will enable a top up of the Land Use Facility via a loan from FMO to the LUF program.

For more information we refer to the general DFCD Annual Report 2023.