Development of the Sustainable Commodities Conservation Mechanism (SCCM), Indonesia
Lestari Capital has developed an innovative finance mechanism connecting corporate demand for durable conservation outcomes with projects that need long-term operating capital on the ground. The Sustainable Commodities Conservation Mechanism (SCCM) helps companies meet an increasing range of sustainability certification and import market requirements.
TLLG supported Lestari Capital with the development of procedures and processes for screening potential conservation projects, applying these to the first projects to join SCCM, and matching projects with companies seeking compliance with the conservation requirements of the Roundtable on Sustainable Oil Palm (RSPO) and the Rimba Collective. TLLG also supports project developers to prepare their projects for onboarding to SCCM.
Client: Lestari Capital
Duration: Oct 2018 to Oct 2023