Act today

for a better future

 

Act today

for a better future

 

Act today

for a better future

 

Act today

for a better future

 

Act today

for a better future

 

Act today

for a better future

 

Act today

for a better future

 

Act today

for a better future

 

Act today

for a better future

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Our Mission

Our mission is to help rural farming communities restore their ecosystems in order to sustainably improve their incomes and livelihoods.

Our History

In 2008, Danone, the Ramsar Convention on Wetlands and the International Union for the Conservation of Nature (IUCN) created the Danone Fund for Nature with the following objectives: restore degraded ecosystems, redevelop local economies and combat climate change.

Danone was convinced of the necessity to invent a new model that would allow companies to have a hands-on approach to sustainability. Rather than simply buy carbon credits to offset their emissions, Danone imagined a model that would enable companies to work directly with project developers to co-design projects that would deliver strong social and economic impact in addition to yielding high-quality carbon credits.

A successful mangrove restoration pilot project in Senegal motivated Danone to open up the fund to outside investors. The Danone Fund for Nature thus evolved into an independent entity in 2011 and was rebranded as the Livelihoods Carbon Fund. Nine other companies have since joined this fund: Schneider Electric, Crédit Agricole S.A., Michelin, Hermès, SAP, CDC Climat, La Poste, Firmenich, Voyageurs du Monde.

Following the success of the first fund, a second investment fund was launched in 2015- the Livelihoods Fund for Family Farming (Livelihoods 3F). Its mission is still the same- restore ecosystems in order to sustainably improve the incomes and livelihoods of rural communities. However, the return for the fund’s investors goes beyond carbon credits. The main goal of this second fund is to help companies sustainably transform their supply chains with smallholder farmers.

Our Funds

Livelihoods was born out of the conviction that environmental degradation, climate change, and rural poverty are interlinked. It proposes new innovative models that simultaneously tackle these three challenges.

Both of our investment funds seek to benefit rural farming communities in developing countries in Africa, Asia and Latin America.

Livelihoods Carbon Fund
This investment fund aims to eradicate rural poverty by restoring degraded ecosystems through large-scale agroforestry, mangrove restoration and rural energy projects. Fund investors receive carbon credits with high social impact in return for their financial contributions. This fund- with €40 million in capital- has 10 investors: Danone, Schneider Electric, Crédit Agricole S.A., Michelin, Hermès, SAP, CDC Climat, La Poste, Firmenich, Voyageurs du Monde. Since its creation, it has enabled the plantation of 130 million trees, which will improve the livelihoods of one million people and sequester nearly 10 million tons of CO2. This fund is now closed and no longer open to new investors.

Livelihoods Fund for Family Farming (Livelihoods 3F)
This investment fund aims to eradicate rural poverty by restoring degraded ecosystems through large-scale sustainable farming practices with an integrated landscape approach. Fund investors include companies seeking to transform their supply chains, private impact investors and public development institutions seeking to maximize their social and environmental impact. Financial return will be provided by a coalition of off-takers (companies, institutions, governments) that will pay a fee for the raw materials, public goods and environmental services generated from the fund’s projects. This evergreen fund- launched with Danone and Mars, Inc. with an initial capital of €120 million- is currently open to new investors.
For more information click here.

Our Governance

Livelihoods Venture is the advisory arm that manages Livelihoods’ funds. A permanent team of specialists work with best-in-class external experts to make a selection of the most promising projects, conduct due diligence, and monitor ongoing projects.

To encourage active participation by investors, each of Livelihoods’ funds entail three administrative bodies:
The Board of Directors- composed of representatives from each partner investor and institution- convenes at least twice a year to review the fund’s overall strategy and operations.

The Investment Committee- composed of representative from each partner investor- convenes on a quarterly basis and has a more direct and active participatory role in the fund’s activities. Its main function is to review and decide on project proposals.

The Advisory Board- composed of approximately 15 members- serves as a sui generis entity for the purpose of analysis and dialogue. Thanks to its diverse composition of authoritative academics, NGO representatives, and businessmen, the Advisory Board exercises its moral and technical authority over the entire fund.

The Livelihoods Charter

The Livelihoods Charter is a fundamental document that defines the vision, values, principles and guidelines of Livelihoods. It defines the criteria for investment in both funds. All organizations (investors, project developers, partner institutions, experts, etc.) that are part of Livelihoods’ funds have to sign and uphold the Charter.

Click here to download the charter.