Dutch Fund for Climate and Development announced that ALSEC SAS BIC is expanding operations and deepening its impact with US$9 million in private investment mobilised to date through support from WWF Colombia through the DFCD Origination Facility.

Climate change is one of the biggest challenges of today. Already its impacts are being felt by people and nature across the globe, with developing countries being most affected. The Dutch Fund for Climate and Development (DFCD) enables investment in projects aimed at climate adaptation and mitigation in developing countries. The Dutch Ministry of Foreign Affairs has made available €160 million to increase the resilience of communities and ecosystems most vulnerable to climate change. The DFCD is managed by a pioneering consortium of Climate Fund Managers (CFM), World Wildlife Fund Netherlands (WWF-NL) and SNV Netherlands Development Organisation, led by the Dutch Entrepreneurial Development Bank, FMO. The DFCD forms an important additional instrument for the Dutch government’s efforts in contributing to the Paris Agreement and the Sustainable Development Goals (SDGs).