By 2020 - ECOTIERRA will have raised 50 million USD for the fund Urapi Sustainable Land Use, which will invest in 24 cooperatives in Latin America to reach 8,000 producers [75% of which will be coffee producers], enabling them to increase revenue by 300% by generating incremental sales of 1,000 M USD, new diversified revenues of 96 M USD and increasing average sales price by 15%. Urapi will simultaneously lead to reducing deforestation on 8,000 hectares, reforest 25,000 hectares, protect 400,000 hectares and reduce 7,300,000 tonnes of Co2e emissions. Urapi generates returns for investors through designing and operating integrated interventions which respond to producers, cooperatives’ and buyers’ needs - including [i] patient credit for land use transition [ii] traceability and marketing tools to position coffees on specialty markets and [iii] revenue diversification through climate finance and the generation of VCS-certified carbon credits from the coffee supply chain.
In partnership with: Coffee producer cooperatives
Update
June 2021
We have raised 40 M USD for our Urapi Sustainable Land Use Fund which will deploy its capital in coffee cooperatives between 2019 and 2036.
Since its beginning in 2019, our first project , Café Selva Norte, in northern Peru has financed 281 hectares of coffee renovation.
We have also launched second project in northern Colombia, project RioSierra.
Aug 24, 2020
Urapi's first investment, Café Selva Norte Project, was approved in March 2019. Over the remaining 9 months of the year , we recruited our team, and provided loans to 155 farmers to renovate 170 hectares of coffee as sustainable agroforestry systems. In 2020, we will scale up activities in Café Selva Norte in Peru and kick off our second investment in Sierra Nevada de Santa Marta, Colombia.