OeEB is invested in the eco.business Fund (EBF) with a total volume of around USD 65 million. The fund aims to protect biodiversity and to support the sustainable use of natural resources in Latin America and the Caribbean (LAC). In order to enhance the fund’s impact, the Fund has established a Development Facility (DF) to support partner institutions in these areas. OeEB supports the facility with technical assistance funds.
| Project Name | Eco-business Fund Development Facility (EBF DF) |
| Region | South and Central America and the Caribbean (LAC) |
| Sector | Banking and Financial Services |
| Service | Business Advisory Services |
| Project Country | Costa Rica, Ecuador, El Salvador, Honduras, Columbia, Nicaragua, Panama |
| International climate finance according to UNFCCC | Yes |
| Additionality | Value Additionality |
| Project Partners | Finance in Motion (FiM), Citibank International Limited |
The two sub-funds EBF SSA and LAC belong to Eco-Business Fund S.A., based in Luxembourg, but the assets of the two sub-funds are separate. The fund, branded as eco.business Fund, and its two sub-funds are managed by the German fund manager Finance in Motion, with whom OeEB has a long-standing business relationship.
Like its big brother, EBF SSA supports private-sector projects with financing, focusing on biodiversity conservation, sustainable use of natural resources and mitigation of climate change and its consequences.
The financing can be supplemented with technical assistance funds for product development, capacity building and awareness campaigns.