OeEB invests USD 25 million in eco.business Fund. The investment will support business practices that contribute to biodiversity conservation and the sustainable use of natural resources in Latin America.
The eco.business Fund promotes sustainable business practices and responsible resource use in the areas of agriculture, fishing, forestry and eco-tourism, contributing to biodiversity conservation, sustainable use of natural resources and climate change mitigation and adaptation.
"Sustainable Development is key for reducing poverty and better living conditions. The eco.business Fund supports SMEs and is focused on biodiversity, both important goals for OeEB. Together we are able to contribute to the achievement of the Sustainable Development Goals (SDGs), especially of SDG 15, which promotes the protection of biodiversity and ecosystems," said Andrea Hagmann and Michael Wancata, members of the executive board of OeEB.
Read the full press release