Responsible Commodities Facility
Brazil
What is it?
The Responsible Commodities Facility is an initiative of Sustainable Investment Management, an environmental finance firm based in the UK and Brazil.
The RCF promotes the production and trading of responsible soy in Brazil, by creating a financially sustainable vehicle to provide incentives to farmers helping to meet the growing international demand for zero-deforestation supply chains.
The RCF will use sophisticated technology to screen farmers for compliance with its strict environmental Eligibility Criteria.
Farms will be continuously monitored and independently verified at the end of each crop cycle.
Compliance with environmental criteria and the impacts of the Facility’s operations will be reported to an Environmental Committee which advises on the methodologies and reviews the results.
Statements of Environmental Impact
The environmental impact of its programs will be independently verified and discussed with the Environmental Committee, to be reported to financial supporters.
Statements of Environmental Impact will be issued with the pro-rata impact of individual investments, stating, for instance:
- The amount of Deforestation and Conversion-free soy produced
- The area of native vegetation conserved in the production areas financed by the RCF
- The amount of carbon stored in these farms
The first RCF program is the RCF Cerrado Programme 1.