The AGRI3 Fund aims to mobilize USD 1 billion of financing by providing credit enhancement tools and technical assistance to enable a transition to more sustainable practices in agricultural value chains and avert deforestation.

The Fund will provide guarantees to commercial banks and other financial institutions, and subordinated loans to customers of these institutions, which will become known as ‘partner-banks’, to mobilize financing by de-risking and catalyzing transactions that actively prevent deforestation; stimulate reforestation; contribute to efficient sustainable agricultural production; and improve rural livelihoods.