VITA GREEN IMPACT FUND

The Vita Green Impact Fund (‘The Fund’) is a ten million Euro blended finance fund

The Fund will provide 1.3 million people (257,000 households) with  safe water and clean cooking and generate 685,000 tonnes in annual carbon emission savings

The carbon emission savings are accredited with the UN-recognised standards agency, Gold Standard and sold on voluntary carbon markets

The fund delivers social impact against at least eight  of the UN Sustainable Development Goals (SDG):

• Fuel-efficient cook stoves for 1.3 million people (SDG 7: Clean Energy, SDG 5: Gender Equality, and SDG 3: Good Health & Wellbeing),
• 1,650 repaired community water points, benefitting a further 132,000 households (SDG 6: Clean Water & Sanitation, SDG 5: Gender Equality, and SDG 3: Good Health & Wellbeing),
• 30 million trees planted and saved (SDG 13: Climate Action)
• Decent employment for fuel-efficient cook stoves producer groups( SDG8: Decent work and Economic Growth).

Profits generated from carbon offsets will be re-invested to provide water, energy and forestry services to new communities, generating more carbon savings, revenue and profit. The circular model and reinvestment of profits enables the fund to expand its reach with a goal of ultimately reaching eight million people.

The fund is aligned with the catholic teachings of Laudato si’