Trafigura Foundation

🌍 #COP29 Highlights: Strategic Partners Leading the Way 🌱 As the United Nations Climate Change Conference #COP29 kicked off yesterday, we are excited to see strategic partners like Clim-Eat and The Nature Conservancy actively driving change: - Clim-Eat is a global "think and do tank" focused on transforming food systems to address climate change. Accredited by UN Climate Change to observe negotiations and make submissions, Clim-Eat is taking an active role at #COP29. They are organising several side events and engaging in multiple sessions to foster impactful dialogue, partnerships, and solutions that shape policies benefiting both agriculture and the environment. - The Nature Conservancy will collaborate with policymakers to highlight the essential role nature plays in combating climate change and advancing the Paris Agreement. Their priorities include phasing out fossil fuels by accelerating the shift to renewable energy, building resilient societies by empowering communities that protect nature and driving investments in nature-positive projects. Learn more about TNC's goals and expected outcomes here:  https://lnkd.in/eJNwXyvJ As climate impacts affect 4 billion people globally and threaten to push more than 130 million into poverty over the next decade, advancing climate adaptation on a global scale has never been more urgent.

Before heading into the weekend, here’s a lovely snapshot from #Ethiopia, shared by Anne Nayral de Puybusque during her field visit to explore our partnership with BOMA.ngo. We look forward to hearing more about her experience—stay tuned for updates!

💼 As part of our commitment to advancing impact investing, our Executive Director Dario Soto Abril and Programme Managers Nina Saalismaa, Anne Nayral de Puybusque and Laura-Anna Frühwald recently completed an intensive 70-hour training course on "Advanced Impact Investing Fund Due Diligence," led by expert Philip Walker. This immersive experience included in-person sessions and practical homework, where the team explored how to evaluate impact investing funds using a real-life case study of a private equity climate fund in #Africa. Equipped with these skills, we're now better prepared to assess investment strategies, fund structures, and risks, as we begin evaluating exciting new opportunities in the coming months. 🚀 #ImpactInvesting #Sustainability #ClimateAction #ImpactEvaluation

International conferences offer a unique platform to connect with engaged organisations driving lasting positive change. At the recent UN Biodiversity Conference #COP16, we were thrilled to meet ONE DROP, a global leader in sustainable access to safe water and sanitation, as they joined our Workshop on Developing Climate Adaptation Solutions, co-hosted with Latimpacto.

Last week, colleagues from the Trafigura #Houston office attended the inauguration of a renovated playground at AAMA, a non-profit that provides vital educational, social, and health services to disadvantaged youth and families. At the end of last year, Houston staff came together to refurbish the neglected playground, which is essential to AAMA’s childcare facilities, by organising a bidding initiative. To support the staff fundraiser, the management team decided to auction unique items—model ships and cargo tanker replicas—during their office move in September 2023. The auction raised substantial funds, to which the Trafigura Foundation contributed, bringing the total to USD 50,000. These funds were distributed among several local charities, including Target Hunger, which is dedicated to alleviating hunger in Houston by providing nutritious food and essential resources to families in need The renovated space will serve around 60 children from disadvantaged backgrounds, providing them with a safe and welcoming area to play ✨

Let’s kick off the week with this uplifting video from our partner, Clim-Eat, showcasing how farmers in Kenya are taking concrete steps to adapt to climate change. Clim-Eat, a global “think and do tank,” believes that effective deal-making can create meaningful impacts for rural communities on the frontlines of climate change. Through a three-year grant, our Foundation supports essential policy changes to empower farmers and transform food systems with evidence-based strategies. This collaboration focuses on innovations in investment, irrigation, and digitalisation across Kenya, Malawi, Rwanda, Tanzania, and Zambia. By working with decision-makers to pilot and scale these innovative food systems, our partnership aims to generate USD 20 million in investments, securing benefits for 300,000 farmers and 20 small and medium-sized businesses as key pillars of resilient rural livelihoods.

In 2012, our partner Root Capital launched the Women in Agriculture Initiative, #WAI. Since then, this initiative has been instrumental in expanding access to finance for women-led and gender-inclusive businesses across Africa, Latin America, and Southeast Asia. By promoting gender equity and inclusion in agriculture, this initiative has transformed the lives of hundreds of thousands of women in developing economies. With a remarkable US$700 million invested in gender-inclusive and women-led enterprises, Root Capital has reached over half a million women employees and farmers. 💪🌱 Check out their inspiring WAI annual report 👇

🤝 Collective action is at the heart of our Foundation's work and impact.

🌟 Exciting Opportunity! 🌟 The Trafigura Foundation is on the lookout for an Investment Manager to join our team in #Geneva. In 2023, we launched our five-year strategy focused on climate adaptation. As part of this journey, we are committed to becoming an impact-first organisation. This means going beyond traditional grants by incorporating impact investments that catalyse systemic change and drive collective action. We’re seeking candidates with a strong background in impact investing, particularly in climate, and experience in emerging and frontier markets. If you possess the right skills, experience, and commitment to create change, we would be pleased to receive your application. 👉 Learn more and apply: https://lnkd.in/eAd4yJeR

Today marks the start of the UN Biodiversity COP16 Colombia—an important event to address climate change, biodiversity loss, and health threats to humans and wildlife. #Biodiversity is essential for life on Earth. It regulates the climate, supports ecosystem stability, and provides food, medicine, clean air, and water. It also underpins key industries like agriculture and tourism. Without biodiversity, ecosystems would collapse, jeopardising all life, including humans. Our Executive Director, Dario Soto Abril, has a busy agenda. He will conclude the third round of dialogues launched in collaboration with Latimpacto, aiming to form a coalition of corporate foundations and investors committed to climate action in Latin America. Dario will also participate in a panel with CAF -banco de desarrollo de América Latina y el Caribe-, the Development Bank of Latin America and the Caribbean, and engage with some of our partners, including Plan Vivo Foundation, The Nature Conservancy, and the Alliance for Responsible Mining (ARM). #ClimateAction #EcosystemHealth #ClimateInvestment #LatinAmerica