Bank On Nature: First loan agreement backed by Natural Capital Financing Facility signed in Brussels

On 11 April 2017, The European Commission and the European Investment Bank (EIB) announced the first loan agreement backed by the Natural Capital Financing Facility.
The EUR 6 million loan agreement with Rewilding Europe Capital was expected to provide support for over 30 nature-focused businesses across Europe. Rewilding Europe Capital is Europe's first conservation and rewilding enterprise financing facility.

The Bank on Nature Initiative builds on the Natural Capital Financing Facility (NCFF), an established financing partnership between the European Commission and the European Investment Bank supporting nature and climate adaptation projects through tailored loans and investments, backed by an EU guarantee. It recognises and fosters the business case for investing in natural capital for biodiversity and climate change adaptation purposes.

• Primary Source

European Commission: DG Communication: MEMO/17/915, 11.04.17: Bank On Nature: First loan agreement backed by Natural Capital Financing Facility signed in Brussels http://europa.eu/rapid/press-release_MEMO-17-915_en.htm

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