Traditional monoculture oil palm plantations, which are largely used for the biofuel industry tend to negatively impact the environment by contributing to land degradation and deforestation.
The FIP and IDB supported the Development of a macauba-based silvopastoral system and value chain project in Brazil to establish the first sustainable macauba-based silvopastoral agroforestry value chain. The macauba palm tree, native to Brazil, is an oil-producing plant with high potential for biofuel production. The tree yields similar oil to the African oil palm, but has several advantages. These include better resistance to drought, viability in areas without rainforest conditions, and suitability for planting in existing pastures. The macauba tree could produce oil to sustainably meet the biofuel demand without the need for clearing more land, and without reducing pastures for cattle grazing.
The project’s executing agency is a private start-up company, INOCAS. This project represents the first time that IDB implemented with FIP funds an equity share financing mechanism.
This delivery lab will bring together a range of experts and implementers to discuss the main challenges of buildingthe first sustainable macauba supply chain in Brazil’s Cerrado region. It will also address how these challenges can be overcome to increase the adoption of sustainable supply chains for the biofuel industry.
This climate delivery lab is part of Challenge Accepted: Tackling Delivery Challenges in Climate Action, a learning event series co-hosted by the Climate Investment Funds (CIF) and the Global Delivery Initiative (GDI).
DOCUMENTS
SPEAKERS
Rocio Sanz Cortes
Monitoring and Reporting Specialist CIF
Leads the FIP Monitoring and Reporting process at the CIF covering sustainable forestry and land use.
Gregory Watson
Lead Specialist Climate Change and Sustainability Sector, IDB
Leads the IDB’s Natural Capital Lab(NCL) in the Inter-American Development Bank’s Climate Change and Sustainable Development Sector.
Johannes Zimpel
CEO INOCAS
Trained in economics, administration and biodynamic agriculture, focused on leveraging value chains of Brazilian socio-biodiversity.
Sruti Bandyopadhyay
Knowledge Management Officer Global Delivery Initiative, World Bank
Leads the GDI Program, which aims to identify, articulate and share existing delivery knowledge in Operations through practical tools and approaches
REGISTER
For additional information, contact mselvakumar@worldbank.org and rlukasiewicz@worldbank.org
