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Deforestation-FreeCocoa

What is Deforestation-Free Cocoa?

LOW CO2 EMISIONS

- restore degraded land- plant cocoa- earn a long-term livelihood - ensure food security

HIGHCO2 EMISIONS

AIDER helps farmers:

Deforestation Zone

Projected results

2016 2017 2018

3,600tonnes

2019

Revenue projection based on floor price organic and fairtrade rate of USD 2,500 per tonne

All figures represent millions of dollars

Revenue projection based on 2014 level of USD 3,100 per tonne

2020 2021 2022

0

USD 2

USD 4

USD 6

USD 8

USD 10

630 tonnes

1,494 tonnes

2,520 tonnes

3,276 tonnes

18 tonnes

162tonnes

How it works

FONDAMPeru-US

debt for natureswap fund

ALTHELIAClimate fund

Helping the planet

USD 7M

Investors USAID

COCOA MARKET

AIDER

USD 2MFARMERS PRODUCE

AT LEAST 3,200 TONNESper year of certified

deforestation-free organicand fairtrade cocoa

FARMERS COOPERATIVE

Benefits

The project established a farmer's cooperative called Cooperativa Tambopata-Candamo (COOPASER) in October 2014.

Helping people

ASSOCIATING FARMERS

ORGANIZING HARVESTING

PROCESSING AND

COMMERCIALIZING COCOA

MANAGING THE ENTIRE

4,000 HECTARES.

COOPASERCOOPERATIVA TAMBOPATA

CANDAMO

BiodiversityTHE REGION WHERE THE PROJECT

TAKES PLACE IS KNOWN AS THE

BIODIVERSITY CAPITAL OF PERU

Natural habitatTHE PROJECT PROTECTS NATURAL

HABITAT FOR ENDANGERED AND

VULNERABLE SPECIES

Climate ChangeBY CONSERVING FORESTS, THE PROJECT

HELPS REDUCE THE EMISSIONS THAT

CAUSE CLIMATE CHANGE

Using a carbon-asset-backed loan to protect forests and produce cocoa

Latin America and the Caribbean

PERÚMadre de Dios

The problem When forests are cut down, carbon absorption ceases and the carbon stored in leaves, branches, trunks, roots and soil is released into the atmosphere as CO2

(if wood is burned or left to rot).

The Althelia Climate Fund is participating in a USD 12 millioninvestment program in the Tambopata REDD+ Project in Madre de

Dios, Peru, which will empower 1,100 farmers to produce sustainable cocoa while protecting the biologically diverse

Tambopata National Reserve and Bahuaha-Sonene National Park.

It’s a ‘payment for performance’ model: farmers receive financing on the condition that they won’t deforest further,

will restore 4,000 hectares of degraded land in the buffer zone with cocoa-based agroforestry systems, and that a share

of revenues from cocoa sales will go to investors.

EVERY YEAR1,189 hectares of forest cover lost

The solution

+570,000 hectares

and aims to reach 1,100 farmers in 19 villages by 2018

The project protects 570,000 hectares of rainforest, ensuring that emissions of 4.5 million tonnes of CO2 equivalent are avoided by 2020

The Althelia Climate Fund has provided AIDER, a Peruvian non-governmental organization, with a first-of-its-kind carbon asset-backed loan. The loan of USD 7 million is fully collateralized by the project’s emission reduction units (carbon credits).

The project will work with farmers to gain Fairtrade and organic certification, which establishes a floor price of USD 2,000 per tonne of cocoa.

Farmers will earn a USD 500 premium over the market price because of their organic and Fairtrade certifications.

100 farmersAIDER currently works with

+USD 500 premium

Annual yield of cocoa beans in metric tonnes

Carbon credits through avoided

Athelia contracts financing with AIDER

emissions (4.5 million tonnes by 2020)

and profit sharing on cocoa

Farmers cooperative pays

Althelia which repays investo

rs

Althelia puts the loan contractunder USAID guarantee

Investors invest in Althelia

Revenue at fairtradeguaranteed price premiums

(USD 500 per tonne)

AIDER financesthe farmers cooperativeand provides technicalassistance

FARMERSreceive financing

on the condition theywon’t deforest further

INVESTORSA share of revenue

goes to investorsand new projects

Projected cocoa bean output

1

3

4

5

6

7

2