Example: Pamex Local Invest Finance Facilitiy - PLIFF
PLIFF is a public-private independent finance facility launched by 8 Mediterranean governments (France, Monaco, Spain, Italy, Greece, Algeria, Morocco, Tunisia, and Egypt) and 5 international organisations as part of an initiative to reverse the dramatic loss of marine biodiversity in the Mediterranean Sea by 2030. Serving as a regional platform to coordinate and promote initiatives and concrete projects, PLIFF serves as a “one-stop shop” supporting local authorities and project developers in securing access to tailored finance.
PLIFF is targeting €1+ billion of committed equity and debt capital into projects supporting PAMEx’s impact objectives by 2030. A Minimum of 25% of all PLIFF investments must be directly towards nature-based climate solutions and specifically restorative adaptation and biodiversity related projects at a landscape scale.
Gold Standard is leveraging its brand experience to drive the work in impact management, measurement and maximisation within the PLIFF.