WASHINGTON, D.C. (September 16, 2020)- Cadasta Foundation is marking the UN75 Global Governance Forum as a founding partner of the Amazon Investor Coalition which seeks to advance forest-friendly economic development across the Amazon region of South America by facilitating new global partnerships among businesses, philanthropies, NGOs, and governments.
As the largest rainforest on earth, the Amazon is a critical global resource deemed to be the center of the global water cycle and an essential ecosystem for climate stability. Faced with rampant deforestation in the name of economic progress, scientists have suggested we may be near a tipping point—beyond which further deforestation will catalyze diebacks with large parts of the ecosystem turning into savanna.
Motivated by this urgency and convened by the United Nations 75 Global Governance Forum, a group of organizations and companies have come together to create the Amazon Investor Coalition to help ensure that the forest is worth more alive and standing than cut and burned.
“Cadasta is pleased to come together with this innovative and diverse coalition of organizations, companies, and governments,” said Cadasta CEO Amy Coughenour. “ The Amazon Investor Coalition is united by the belief that there are many opportunities for forest-friendly economic development in the region, and, that by designing the right financial products and local initiatives that can make significant contributions to a more optimistic future.”
The Amazon Investor Coalition has established a four-part strategy that touches on impact investing, governance, carbon market innovation, and investor education. The Coalition seeks to design new Amazon-focused financial products, develop an Amazon Legal Defense and Planning Network, and more.
Cadasta will support the Coalition by offering an innovative platform, services, tools, and training to local stakeholders who document the legal status of land and landholders and determine land use, demographic, and geospatial information that can advance the securing of rights. Forest credit issuers can also leverage Cadasta’s tools to gather data to help evaluate and verify community benefit characteristics of their credit regimes.
Originating from the Global Governance Philanthropy Network and the young philanthropy mobilizing efforts of NEXUS (a global network of young investors and allies), the Coalition plans to elevate Amazon impact investing and philanthropy on to the world stage through alignment with larger investor networks. By serving as a formal partnership platform of the UN 75 Global Governance Forum, the Coalition plans to support collaboration between investors and investees, grantmakers and grantees, policymakers and innovators, by:
- Hosting online meetings with a call-and-podcast series
- Researching and reporting about both regional impact investing and rule-of-law philanthropy
- Fostering new partnerships to help new and existing initiatives scale across the region
- Supporting the UN Decade on Ecosystem Restoration, the UN Race to Zero Campaign, and other strategies of global collaboration
To learn more about the Amazon Investor Coalition, visit www.amazoninvestor.org
Notes to Editors:
- Cadasta’s Website: https://145944a268.nxcli.io/
- Cadasta’s Twitter: @CadastaOrg
- Cadasta Press: https://145944a268.nxcli.io/press/
- Cadasta Media Contact: Madaleine Weber, Communications Director, mweber@145944a268.nxcli.io