About the Rimba Collective

 

Rimba Collective is an initiative led by buyers and processors of palm oil to collectively support long-term, sustainable conservation, and restoration of forests. It aims to provide US$1 billion to protect or restore 500,000 hectares of forest, supporting 32,000 individuals in forest communities in Southeast Asia over 30 years, starting in Indonesia.

Rimba Collective aligns with the work of the Consumer Goods Forum’s Forest Positive Coalition of Action, and the post-2020 commitments of an ever-growing number of supply chain companies.

 

The Rimba Collective financial model has two key features:

 

  • Costs are linked to procurement volumes, integrating Rimba Collective costs into operations procurement decisions.
  • Contributions and contractual obligations flow directly from participants to the Special Purpose Vehicle (SPV), managing funds on their behalf.

 

Learn more about the Rimba Collective.

What is the Rimba Collective

Publisher: Rimba Collctive

Language: English

Year: 2022

Ecosystem(s): Agricultural Land

Location(s): Global

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