FMO part of consortium to manage €160m Dutch Fund for Climate and Development

A consortium of Dutch development bank FMO, SNV Netherlands Development Organisation (SNV), World Wide Fund for Nature (WWF-NL) and Climate Fund Managers (CFM) has won the tender to manage the €160 million Dutch Fund for Climate and Development (DFCD). 

The partnership NGOs and financiers aims to help developing countries build climate resilient economies.

Investments made by the consortium parties will seek to improve the wellbeing, economic prospects, and livelihoods of vulnerable groups - particularly women and youth - and, enhance the health of critical ecosystems, from river basins to tropical rainforests, marshland, and mangroves.