Photo: Nassif Jordy
NESsT Amazonia
NESsT Amazonia addresses regenerative forest conservation by supporting climate-smart solutions that grow sustainable value chains while improving livelihoods in the Amazon basin. The program incubates and finances small businesses, cooperatives and associations that impact sustainable value chains through bioeconomy approaches including forest management practices, agroforestry, and land restoration.
The program puts a strong emphasis on both environmental conservation and livelihood improvements, with strong community engagement and income generation. The program applies a gender-lens approach to ensure gender equity in the harvesting, management and monitoring of forest resources, as well as in employment creation.
NESsT Amazonia operates in areas of high biodiversity of the rainforest, including protected areas, reserves, and regenerative conservation units, as well as their buffer and transition zones.
Impact
+12,000
jobs financed
200+
Indigenous communities impacted
50
enterprises financed
750
enterprises mapped
20
value chains evaluated and monitoring
Importance of Traditional Communities
Traditional communities - either indigenous, riverine, or Afro-Brazilians - have been the traditional custodians of the Amazon rainforest. Today they share the forests with a growing number of settlers who seek to tap into the Amazon's considerable natural resources.
NESsT Amazonia supports indigenous enterprises emerging to connect remote areas of the Amazon to sustainable markets, including in eco-tourism, fisheries, superfoods including coffee and cacao, nuts, seeds, and plants for medicinal or cosmetic uses (such as andiroba, muru muru, as well as ucuuba).
While they may not yet meet the traditional standards of investment-readiness and commercial viability, these early-stage indigenous eco-enterprises have the potential to improve living conditions and regenerative conservation in the Amazon basin at scale.
Strengthening the Ecosystem for Responsible Investment
NESsT Amazonia works in partnership with other organizations to strengthen the social entrepreneurship and impact investing ecosystem in the Amazon basin. We advocate to unlock investment-readiness services and patient capital to build a pipeline of enterprises that can access global markets and investments.
NESsT Amazonia Portfolio
Fund Enterprises
Incubation Enterprises
Indigenous-Led Enterprises
NESsT Amazonia News
NESsT’s recent study and extensive research identifies that the term ‘bioeconomy’ is often broadly interpreted by bioeconomy funders and global policymakers, sometimes straying far from a vision of environmental stewardship. We interviewed Indigenous leaders and entrepreneurs as part of ongoing efforts to deepen our understanding of their perspectives, vision and expectations of the bioeconomy as not just as an economic model, but as a way of life rooted deeply in ancestral tradition.
At COP16, NESsT reinforced its ongoing commitment to improving access to funding for locally-led bioeconomy initiatives in the Amazon. This work, including its plans to invest $6 million in seed-stage financing through 2025 to support these efforts, was recently featured in Carbon Pulse.
This blog delves into the methodology behind NESsT’s publication to improve the targeting, accessibility, efficacy, and efficiency of investments in the Amazon bioeconomy; it homes in on NESsT’s firm intention to bring local voices to global discussions around Amazon bioeconomy funding and explores how NESsT anchored the publication in authentic narratives and diverse Amazonian contexts while tailoring the message for the international financing community.
As part of its ongoing commitment to address the pressing challenges faced by entrepreneurs in Latin America, particularly in the Andes-Amazon region, the NESsT Lirio Fund is expanding its reach into Brazil. The fund is investing in small and medium-sized enterprises that create dignified income opportunities and improve local livelihoods while contributing to environmental conservation.
NESsT and The Gordon and Betty Moore Foundation are partnering to consolidate and scale Indigenous peoples and local community (IPLC) enterprises in the Amazon that contribute to the bioeconomy and conserve the environment.
NESsT’s extensive one-year research reveals critical insights to drive better-targeted investments for Indigenous Peoples and local communities.
NESsT has a portfolio of 50 enterprises based in the Amazon. Over the past five years, NESsT portfolio managers have worked closely with these enterprises to monitor, measure, and grow their impact. Recently, NESsT sought to develop more detailed methods to understand the culture and context of the data it collects, specifically for enterprises in the Amazon.
The MetLife Foundation is joining other donors, including Cisco, the Climate and Land Use Alliance (CLUA), Erol Foundation, and Parceiros Pela Amazônia (PPA), among others, to support NESsT Amazonia. This new multi-year partnership between NESsT and the MetLife Foundation will accelerate sustainable forest conservation by catalyzing 10 Amazon-based enterprises.
NESsT and the Inter-American Development Bank (IDB) announce a new pilot program to support 15 enterprises in the Amazon Basin with financial capital and business mentoring resources. The program will launch as a 18-month pilot to test a new model of governance that will form an alliance with regional and national indigenous federations.
The Amazon Indigenous Rights and Resources (AIRR) project aims to empower indigenous populations to become more visible and active actors in the Amazon economy in ways that conserve rainforest biodiversity and build environmental resiliency.