Mitsiry Biodiversity and Climate fund is a blended finance fund that will focus on biodiversity conservation, climate change adaptation and mitigation by supporting and financing SMEs in the South-West Indian Ocean
Our vision is to replace these scenes …
In Madagascar and the least developed countries in the Southwest Indian Ocean, the root cause of environmental degradation is extreme poverty which leads to extensive ecosystem loss and overexploitation of natural resources.
MBCF aims to tackle this challenge by financing and supporting businesses that create jobs and income, provide essential social goods, enhance adaptation to climate change, and generate sustainable revenue streams, thereby reducing the pressure on natural resources.
… By these scenes
Fund terms
- Closed-end blended fund
- Fund size: $50m
- TA and grant facilities: $10m
Investment strategy
- 20 investments
- Venture deals (convertible notes)
- Mature deals (revenue-based loans)
MBCF will finance and accelerate 20 companies in the South-West Indian Ocean championing in :
Sustainable use of
natural resources
Innovative nature-based solutions
Climate change
mitigation
Livelihood improvement and
climate change adaptation
We will deliver measurable impact at the company and at the portfolio level
~ 10,000 jobs
created or
maintained
$80 million
value of annual sales
generated
~ 350,000 people
with improved lives
Land conservation and regeneration
~ 4 800 000 tons of GHG emissions
reduced, sequestered
or avoided
We have assembled a dedicated and highly committed investment team
Emmanuel Cotsoyannis
EDHEC & Sciences Po Paris
Founder and CEO of Miarakap, with over 15 years of entrepreneurial experience, having founded and managed 5 SMEs.
Koloina Ramaromandray
INSCAE Madagascar
Private Equity Fellowship
7 years + experience in investment on development and environmental issues.
Alexis Befeno
ESSEC BUSINESS SCHOOL
15 years + experience in M&A, advisory, fundraising, debt and equity financing
Nicolas Métro
ESSEC BUSINESS SCHOOL
Founder and president of Kinomé, with over 17 years of experience in consultancy, R&D and project management in nature-based solutions and ecosystem restoration.
Yohann Fare
AgroParisTech & ESSA Madagascar
20 years + experience in the design, monitoring and evaluation of rural development solutions
20 years + experience in sustainable value chain.
Oliver Razafimbelo
EM Lyon
2 years + experience in financial analysis and fundraising.
Léa Méléard
Sciences Po Paris
3 years + experience in financial analysis, investment and debt financing
Onasoa Dorian'Ay
INSCAE Madagascar
2 years + experience in financial analysis, investment and advisory.
Diamondra Rakotondravelo
INSCAE Madagascar
2 years + experience in project management
With an experienced investment committee
Nicolas Métro
ESSEC Business School
Founder and president of Kinomé
Nanie Ratsifandrihamanana
Regional representative of WWF Southwest Ocean Region
James Ranaivoson
Former treasurer of the EIB and AfDB
Agnes Hiere
Warton School
Co-founder and CFO of Aerial Metrics