Background
The world is confronting an intensifying crisis of climate change and biodiversity loss fueled by widespread deforestation and the destruction of vital ecosystems. Addressing this urgent challenge is hindered by two major obstacles: a lack of early-stage funding for conservation and restoration initiatives, and the chronic underfunding of Indigenous Peoples and traditional communities who have served as the planet’s foremost guardians of forests for millennia. Despite their essential role in conservation, these communities receive only a small fraction of the financial resources necessary to sustain and expand their stewardship.
In response, Everland and BNP Paribas are launching a groundbreaking outcome bond partnership that aims to provide $50 million in upfront capital/direct project financing to Indigenous and traditional community-led projects that have high conservation, climate and social impact, certifiable under the Equitable Earth standard.
This innovative bond initiative leverages the strengths of both partner organizations: BNP Paribas is structuring the financing, and Everland is ensuring that projects are high-impact, community-led and positioned for success. This includes identifying and vetting projects, and conducting on-the-ground due diligence. Everland will also market the carbon credits generated by the projects.
In summary, the initiative will provide financing, diligence and offtake support – keys to ensuring that projects have the best chance of long-term success.
Expression of Interest Process
Everland is now overseeing an Expression of Interest process to select the initial projects that will be financed by the bond initiative.
For this first phase, we are interested in supporting projects that:
- Have completed at least a pre-feasibility study, with a strong preference for those that have completed a feasibility study;
- Are located in Latin America with a focus on the Amazon;
- Are focused on forest conservation (and can include restoration) in their landscapes;
- Are managed by credible and competent project proponents. We are open to applications from a single or group of project proponents from the public, private or non-profit sectors. Proponents must demonstrate capability to implement projects;
- Have a project development approach that is consistent with high conservation, climate and community impact. Crucially, projects must demonstrate fair and equitable benefit-sharing plans for communities, developed in full partnership with communities.
Next Steps
If what we have to offer is exciting and your project aligns with what we’re looking for, the next steps are:
- Sign up below to register your interest in participating in the process and a member of our team will be in touch shortly.
- The deadline for completing an Expression of Interest is September 5, 2025.
- We aim to inform project proponents whether their projects have been selected to proceed to the next stage by late September. Those selected should be ready for field visits in the second half of October.
- Projects selected to be part of the initiative’s portfolio will be announced by December.
Resources
- More information about the Equitable Earth standard
- Our press release regarding the Outcome Bond
- Downloadable versions of this page in Spanish, Portuguese and English