LDN TAF的投资前技术援助
国家：
Indonesia
Sector:
Agroforestry
Context
在许多印度尼西亚景观中，包括在卡利门坦manbetx客户端首页中部，森林砍伐，砍伐和燃烧的习俗，非法采矿和大规模的农业对印尼的森林产生了负面影响，留下了退化的休耕地以及缺乏当地社区的收入机会。一种政策回应是通过社会林业许可证允许依赖森林的社区进入森林土地。但是，不仅许可证的分配缓慢，而且对家庭和社区的具体经济利益也很大程度上仍然没有。因此，希望利用社会林业计划的项目开发人员为当地社区创造有吸引力的经济利益，以平衡自然资源。该项目正在展示这种可扩展的商业模型，用于景观恢复，并通过社会林业许可发布的土地参与社区，并准备吸引更多（影响）投资。
The project aims to initially rehabilitate 4,000 hectares of degraded lands through planting fast-growing tree species and cash crops in agroforestry systems, and increasing the value of secondary forests through enrichment plantings with non-timber forest products (NTFPs). This project is a good example of a potential innovative restoration finance case that was initiated by an NGO and turned into a for-profit social venture. The operation is currently looking to secure financing to implement a successful showcase at significant size, followed by initial private investment for scaling impact on LDN and creating income opportunities for local communities.
小型持有人 /社区参与
The project cooperates with communities that were granted a social forestry permit from the Indonesian Government. The communities provide the land for the investment case and have the right to provide the largest part of the necessary labour. In return, they receive wages and a part of the profit from the sales. The project operator also deploys staff explicitly to help communities understand their rights and responsibilities and conduct FPIC processes.
Business model
预计该项目的投资将通过七年的初期增长后快速生长的轻木从销售收入来收回。销售中间农作物（例如花生）和NTFPS（例如藤制）和碳信用额（潜在出售尚未完全发达的潜力）而产生的额外收入。这与对剩余森林的积极保护相结合。具体而言，预计收入将由以下方式产生。
- Sustainable timber (82%);
- 经济作物（16％）；
- 碳信用额（2％）；
- 来自NTFP的潜力（尚未包含在基线场景中）。
Flow of capital and services
投资需求
This project creates economic value from restoration of previously degraded land via commercial agroforestry, combined with active primary and secondary forest protection. The current business model of this project has a targeted internal rate of return of around 10%. The initial investment in the project amounts to €5 million, largely made up of grants, equity, and soft loans. Seed funding is used to finance the development of the first 4,000 hectares. The main funding need is for growth financing to scale up to 100,000 hectares. The expected investment vehicle is a silent partnership to provide equity financing or soft loans to the project operator to finance capital and operational expenditures for growing the business. In addition, grants or public subsidies as blended finance elements would enable the model to pay for less commercial work and tasks related to the earlier proof of concept for the business.
风险管理
该项目计划部署几种降低风险的策略，以降低投资风险。这些包括：
- 与行业合作伙伴达成直接供应协议，以降低木材销售的外观风险；
- Satellite and drone mapping to select degraded areas only for agroforestry, and active monitoring to reduce deforestation risk and fire risk;
- 收入流的多样化，以减轻特定农作物的表现不佳和还款违约风险。
最重要的是，项目运营商允许在社会林业计划中直接支持社区，并在基础模型中积极管理和降低风险。
技术援助
重点是该项目的农林业方法中的现金创作运营，以改善模型的早期现金流量以及显着改善投资回收期。技术援助将包括市场评估，定义土壤状况和肥料选择，现场测试，收获后加工和财务建模，以将现金作物纳入整体投资提案中。具体而言，提供的技术援助将允许：
- 选择具有牢固市场联系的最合适（较短的轮换）现金作物，以确保偏离并大大改善现金流量以缩短投资回收期并提高投资者的还款安全；
- 确定最佳实践的土壤准备和肥料选择，以降低成本和优化产量，并确保积极的环境影响；
- Field testing of the project’s model, specifically the use of the various cash crops identified, fertilizer options, and soil preparation under local conditions (climate, soils) to strengthen the underlying business model before seeking growth finance;
- 提供针对选定的经济作物最佳实践后最佳实践后的研究；
- 在当前业务模型下，加强现金作物方法的影响的财务建模。
Short term:
- 1,500公顷的通过农林业重新森林的退化土地，并可测量地改善了土壤生育能力和土壤有机碳（SOC）含量；
- 1,500公顷的二级森林作为保护区管理，在合适地区富集了NTFP的富集；
- 1,000公顷的原发性森林受到保护，有助于该地区的生物多样性，并恢复关键生态系统服务（侵蚀控制，水分周期，微气候）；
- 当地社区创造就业机会和收入。
长期：
- 五年来，另外11,000公顷的农林业，可持续森林管理和森林保护，十年来另外85,000公顷；
- 从恢复（不包括受保护森林中的碳存储）中固定多达212,880 mtco2eq；
- 项目福利延长了50,000名居民；
- 其他参与者对项目模型的复制。
LDN TAF的技术援助支持并不构成LDN基金或Mirova直接或间接为上述项目提供资金的承诺。任何此类承诺均应受到公司和项目的详细技术，财务和法律尽职调查以及所有必需的LDN基金投资委员会批准和令人满意的文件。
