Tag: RCF

RCF contributes over 180,000 tonnes of vDCF soy in its second year

The environmental impact of the second year of the Responsible Commodities Facility Cerrado Programme has been calculated, independently verified and published in the 2023-2024 Annual Report. The programme scaled more than four-fold from its first year, and the amount invested expanded to US$47 million through an innovative blended finance structure bringing three more investors onboard – Santander Brasil, […]

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BVRio and SIM drive sustainable solutions and forge alliances for climate action at COP28

With a busy agenda spanning from December 1 to 10, BVRio Director, Pedro Moura Costa, and SIM Director of Investor Engagement, Steven Ripley, actively contributed to the United Nations Climate Change Conference (COP28) in Dubai. They were immersed in discussions centred around forest protection, sustainable agriculture, and the circular economy. Pedro Moura Costa brought his […]

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Award for BVRio strategic partner SIM

BVRio strategic partner, SIM’s Responsible Commodities Facility’s Green CRAs fund was named ‘Structured Finance Deal of the Year’ by IFLR (International Financial Law Review). At a ceremony held in New York on 18 May 2023, the award was presented to RCF legal counsel Pinheiro Neto Advogados, TozziniFreire, Clifford Chance and structuring partner Opea (formally Planeta […]

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Cerrado Programme 1 delivers its first 42,000 tonnes of verified DCF soy

The environmental impact of the first year of the Responsible Commodities Facility Cerrado Programme 1 has been calculated, independently verified and published in the first Annual Report. The inaugural programme delivered 42,400 tonnes of verified deforestation and conversion free soy into the Brazilian supply chain from the 32 participating farms. 8,541 ha of native vegetation […]

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Beyond Carbon Credits: the potential of climate finance to promote greater ambitions in tropical forest conservation

By Beto Mesquita, BVRio’s Director of Forests and Public Policies. Exceeding expectations, climate finance was treated as a key issue at COP27, but the conference outcomes still fall far short of what is needed to increase the world’s climate ambition. The historic decision to create a loss and damage fund for developing countries and those […]

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