Ennovent, through Matanataki, has recently partnered with the Global Fund for Coral Reefs’ joint Fiji programme, which aims to leverage US$50m in investment capital by 2030 to mobilise commercial investments and promote the financial sustainability of coral reef conservation and reef-positive livelihoods.
Principal transactions of the programme will involve Matanataki preparing two businesses for pilot investments in this first funding round and supporting the establishment of a locally managed Technical Incubation Facility to incubate a pipeline of reef-positive business models.
The two ventures being prepared for investment include a large-scale sanitary landfill and transfer stations, and a fertiliser company that diverts green and other organic waste from dumping grounds and creates non-synthetic fertiliser blends. Four additional deals are also being sourced for the Technical Incubation Facility.
UN Capital Development Fund
Sign up for our quarterly newsletter to receive interesting updates about Ennovent and its venture projects.No, thanks!