AGRI3 Fund
AGRI3 Fund is a Dutch blended finance vehicle that issues partial credit guarantees to banks to mobilize lending into sustainable agriculture, forest protection, and rural livelihoods across emerging markets, primarily through partner financial institutions such as Rabobank, DLL, and HSBC.
- Company typePrivate
- Founded2017
- HeadquartersAmsterdam, Netherlands
- Headcount1–10
- GTM typeB2B
- OfferingServices
What AGRI3 Fund does
AGRI3 Fund is a private blended finance vehicle, incorporated in 2017 and managed by AGRI3 Fund Manager B.V. in Amsterdam, that mobilizes commercial-bank lending into sustainable agriculture by issuing partial credit guarantees (typically 40–60% of loan value) to financial institutions. Its core products are pari passu, maturity subordination, and mezzanine/subordinated guarantees, supplemented by a Technical Assistance Facility managed by IDH, The Sustainable Trade Initiative, which supports project preparation and impact monitoring. The fund was co-created by UNEP and Rabobank with founding partners IDH and FMO; senior participants include the Global Environment Facility (via Conservation International), the Ministry of Foreign Affairs of the Netherlands, and the SDG Impact Finance Initiative, while FOUNT and Cardano Development act as investment advisers.
The business model is structured as a fund for joint account under Dutch law, earning guarantee fees on its exposure portion plus indirectly monetizing the technical assistance facility managed by IDH. Distribution is channel-led: AGRI3 works through partner financial institutions—primarily Rabobank, but also DLL, HSBC India, Old Mutual Malawi, Oikocredit, and IDB Invest—who originate and book the underlying loans to farmers, agribusinesses, and cooperatives. Targeted geographies include Brazil (Cerrado and Amazon regions), Malawi, China, Nicaragua, Peru, and India, with commodity exposure spanning cattle, soy, citrus, sugarcane, macadamia, coffee, and chilli.
Named programs include Renova Pasto 2.0 (pasture and crop restoration in Brazil), the Responsible Commodities Facility (deforestation-free soy in the Cerrado), the DLL/Rivulis blended irrigation program (Peru pilot), and Sustainability Linked Loans with deforestation and yield KPIs. The fund aims to mobilize USD 1 billion of sustainable agriculture financing and is staffed by 1–10 professionals, with documented catalyzed deal volume in the low-to-mid hundreds of millions USD across more than a dozen transactions since 2020.
AGRI3 Fund firmographics
Firmographics- Name
- AGRI3 Fund
- Legal name
- AGRI3 Fund Manager B.V.
- Website
- https://agri3.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- AGRI3 Fund is a Dutch blended finance vehicle that issues partial credit guarantees to banks to mobilize lending into sustainable agriculture, forest protection, and rural livelihoods across emerging markets, primarily through partner financial institutions such as Rabobank, DLL, and HSBC.
- Ownership category
- akta.pro rank
AGRI3 Fund industry classification
Industry- Product category
- Sustainable Agriculture Blended Finance
- NAICS
- Activities Related to Credit Intermediation (5223), Other Nondepository Credit Intermediation (52229)
- SIC
- Federal & Federally-Sponsored Credit Agencies (6111)
- akta.pro primary industry
- Development Finance, Guarantees & Blended Finance Programs (BPADABAM)
- akta.pro secondary industries
- Climate Finance Funds & Green Investment Facilities (BPADACAH), Sustainable Agriculture & Food Systems Funds (FSANAJAE)
Keywords
Where AGRI3 Fund is headquartered
LocationHeadquarters
- HQ city
- Amsterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
AGRI3 Fund business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Marketing or Sales, Infrastructure
Revenue model
- Guarantee Fees: AGRI3 provides credit enhancement tools and partial guarantees to financial institutions. The fund earns fees from guaranteeing portions of loans made by partner banks to agricultural projects. This de-risks investments and enables longer loan tenors that commercial banks would not otherwise provide.
- Technical Assistance Facility: A Technical Assistance (TA) facility managed by IDH, The Sustainable Trade Initiative, provides support to accelerate development of investable opportunities and maximize impacts. This is funded separately and supports project preparation and monitoring.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Professional Investor Fund - No Public Pricing |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels4 records
AGRI3 Fund product offering
Product offeringCore offering
AGRI3 Fund provides credit enhancement instruments (partial guarantees, typically 40-60% of loan value, including pari passu, maturity subordination, and mezzanine/subordinated guarantees) to commercial banks and development finance institutions to de-risk loans made to sustainable agriculture, forest protection, and rural livelihood projects. It complements these guarantees with a separately funded Technical Assistance Facility managed by IDH, The Sustainable Trade Initiative, which supports project preparation, investable opportunity development, and impact monitoring across emerging markets in Africa, Asia, and Latin America.
Product overview
AGRI3 Fund is a specialised blended finance vehicle created by UNEP and Rabobank, along with partners IDH and FMO, to support the transition to sustainable agriculture. The Fund operates as a platform combining two core offerings: (1) Credit Enhancement Guarantees provided to financial institutions (including Rabobank, Old Mutual, DLL, HSBC India) to de-risk lending for sustainable agriculture and forest protection projects, and (2) a Technical Assistance (TA) Facility managed by IDH that accelerates project development and maximizes impact. Key named programs include Renova Pasto 2.0 (for pasture restoration in Brazil), the Blended Finance Program for Sustainable Irrigation (with DLL and Rivulis), Sustainability Linked Loans with ESG KPIs, and the Responsible Commodities Facility for deforestation-free soy in the Cerrado. The Fund targets projects preventing deforestation, stimulating reforestation, advancing sustainable agriculture, and improving rural livelihoods.
Differentiator
Problem solved
Functional benefit
Products and services
- Credit Enhancement Guarantees Partial credit enhancement guarantees (typically 40-60% of loan value) provided to commercial banks and development finance institutions to de-risk loans made to sustainable agriculture, forest protection, and rural livelihood projects. Available instruments include pari passu guarantees, maturity subordination guarantees, and mezzanine/subordinated guarantees.
- Technical Assistance (TA) Facility Technical assistance offering managed by IDH, The Sustainable Trade Initiative, that accelerates the development of investable opportunities and maximises the impacts of funded projects by supporting preparation, monitoring, and capability building alongside credit enhancement transactions.
- Renova Pasto Blended finance program providing standardised packages of long-term loans (up to 10 years) and technical assistance to cattle producers in Brazil's Cerrado and Amazon regions for degraded pastureland restoration and forest protection.
- Renova Pasto 2.0 Expanded Renova Pasto program launched in March 2026, extending the partnership beyond livestock to include soy and other annual crops with financing of up to USD 5 million per transaction and tenors of up to ten years, including technical assistance and environmental monitoring in Brazil's Cerrado and Amazon regions.
- Blended Finance Program for Sustainable Irrigation Joint blended finance program with DLL and Rivulis that combines public and private capital with risk-sharing mechanisms and turnkey drip irrigation packages, expanding access to sustainable irrigation solutions for growers in emerging markets with Peru as the first pilot market.
- Responsible Commodities Facility (RCF) Brazilian/UK multi-party financial vehicle managed by SIM Investment Management providing revolving working capital loans with discounted interest rates to soybean farmers committed to deforestation-free production in the Cerrado region, with AGRI3 providing a mezzanine/subordinated guarantee.
Quantifiable outcome
- Reduce deforestation in high deforestation risk supply chains by 100% in 2027
- +3 more outcomes
Companies that use AGRI3 Fund
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
AGRI3 Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
AGRI3 Fund partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered flagship, core and supporting.
- RivulisflagshipRivulis, a global leader in micro-irrigation with operations in 120+ countries, provides turnkey drip irrigation packages as part of the blended finance program with AGRI3 and DLL for sustainable agriculture in emerging markets.
- United Nations Environment Programme (UNEP)coreAGRI3 Fund was created by UNEP and Rabobank, along with partners IDH and FMO, to support the transition to sustainable agriculture. UNEP's involvement provides institutional credibility and alignment with international environmental frameworks.
- IDH, The Sustainable Trade InitiativecoreIDH co-created AGRI3 Fund and manages the Technical Assistance Facility that provides support to accelerate development of investable opportunities. IDH also executes technical assistance programs with partners like MicroSave Consulting for MFI support in India.
- FOUNTcoreFOUNT acts as Investment Advisor for the AGRI3 Fund, along with Cardano Development. Bob Assenberg represents FOUNT on the Fund Management Board.
- Cardano DevelopmentcoreCardano Development acts as Investment Advisor for the AGRI3 Fund alongside FOUNT. Joost Zuidberg represents Cardano Development on the Fund Management Board.
- Rabo PartnershipsflagshipRabo Partnerships, Rabobank's impact-focused arm with 35+ years experience in 29+ countries, developed the blended finance program for sustainable irrigation in collaboration with DLL, AGRI3, and Rivulis.
- MicroSave ConsultingsupportingMicroSave Consulting executes technical assistance programs supporting participating MFIs to explore opportunities and develop products for climate-smart agricultural practices, particularly for women in rural areas.
- SDG Impact Finance InitiativeflagshipAGRI3 was selected as a winner of the SDG Impact Finance Initiative Product Window, receiving CHF 5 million in first-loss equity to support the fund's work in sustainable agriculture and forest conservation.
- Columbia Centre on Sustainable Investment (CCSI)supportingCCSI collaborated with SDG Impact Finance Initiative to publish a report on blended finance featuring AGRI3, outlining opportunities for enhanced technical assistance and impact-focused partnerships.
Scale indicators4 records
Recent moves8 records
Expansion highlights6 records
AGRI3 Fund competitors and assessment
Company assessmentDirect peers
- responsAbility Investments: Swiss impact asset manager offering blended finance and credit facilities across emerging markets, including dedicated sustainable agriculture and climate strategies. Comparable to AGRI3 in deploying guarantee and debt structures to mobilise commercial bank lending for sustainable value chains.
- Climate Fund Managers (CFM): Joint venture between Sanlam InfraWorks and KfW IPEX-Bank managing blended-finance climate funds in emerging markets. Directly comparable in deploying public concessional capital alongside private debt/equity to de-risk renewable resources, sustainable agriculture, and climate adaptation investments.
- Mirova Natural Capital: Affiliated with Natixis Investment Managers, Mirova runs dedicated natural capital and sustainable land-use funds that invest in forestry, agroforestry, and regenerative agriculture. Comparable to AGRI3 in channeling institutional capital into land-based climate solutions with a blended-finance approach.
- Incofin Investment Management: Belgian impact investor focused on financial inclusion, sustainable agriculture, and rural SMEs in emerging markets, with active blended-finance vehicles. Comparable to AGRI3's mission of mobilising institutional capital into underserved agricultural value chains via partner financial institutions.
- IDH - The Sustainable Trade Initiative: Dutch-based foundation managing multiple blended-finance facilities for sustainable commodities and smallholder agriculture. Directly comparable as a co-creator of AGRI3 and a manager of Technical Assistance Facilities for sustainable supply chains globally.
Broad incumbents
- FMO (Dutch Entrepreneurial Development Bank): Dutch development finance institution with a sizable agribusiness and climate portfolio. Comparable as a founding partner of AGRI3 and a broader investor in blended-finance vehicles supporting sustainable agriculture in emerging markets.
- IDB Invest: Private-sector arm of the Inter-American Development Bank with dedicated agribusiness and sustainable-commodities programs. Comparable as a co-investor in the Responsible Commodities Facility alongside AGRI3 and as a major mobiliser of blended finance in Latin American agriculture.
- IFC (International Finance Corporation): World Bank Group's private-sector development arm and one of the largest mobilisers of blended finance for agribusiness and climate-smart agriculture in emerging markets. Comparable as a large, established peer operating in the same blended-finance-for-agriculture space.
Others
- Global Environment Facility (GEF): Multilateral trust fund and senior equity participant in AGRI3. Comparable as a funder (rather than operator) of blended-finance vehicles targeting deforestation-free agriculture, biodiversity, and climate outcomes in emerging markets.
Emerging players
- Smallholder Agroforestry Finance (SAF): Blended finance vehicle focused on smallholder agroforestry transitions in developing countries; former employer of AGRI3's new Managing Director. Highly comparable in structuring long-tenor, technical-assistance-supported finance for sustainable land-use transitions in emerging markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
AGRI3 Fund social profiles
Digital presenceAGRI3 Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
AGRI3 Fund leadership team
Management profileNumber of profiles
Profiles11 records
AGRI3 Fund funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AGRI3 Fund M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AGRI3 Fund
What does AGRI3 Fund do?
AGRI3 Fund provides credit enhancement instruments (partial guarantees, typically 40-60% of loan value, including pari passu, maturity subordination, and mezzanine/subordinated guarantees) to commercial banks and development finance institutions to de-risk loans made to sustainable agriculture, forest protection, and rural livelihood projects. It complements these guarantees with a separately funded Technical Assistance Facility managed by IDH, The Sustainable Trade Initiative, which supports project preparation, investable opportunity development, and impact monitoring across emerging markets in Africa, Asia, and Latin America.
Is AGRI3 Fund a public or private company?
AGRI3 Fund is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was AGRI3 Fund founded?
AGRI3 Fund was founded in 2017. It employs 1 to 10 people.
Where is AGRI3 Fund based?
AGRI3 Fund is headquartered in Amsterdam, Netherlands, in the Europe region.
How does AGRI3 Fund make money?
Two revenue lines are on record. Guarantee Fees are the primary driver. The others are technical Assistance Facility.
Who are AGRI3 Fund's main competitors?
Direct peers on record are responsAbility Investments, Climate Fund Managers (CFM), Mirova Natural Capital, Incofin Investment Management and IDH - The Sustainable Trade Initiative. Broad incumbents are FMO (Dutch Entrepreneurial Development Bank), IDB Invest and IFC (International Finance Corporation). Global Environment Facility (GEF) is listed as an others. Smallholder Agroforestry Finance (SAF) is listed as an emerging player.
Does AGRI3 Fund have an API?
No public API is recorded for AGRI3 Fund.
What industry is AGRI3 Fund in?
AGRI3 Fund's product category is Sustainable Agriculture Blended Finance. Its primary akta.pro industry code is BPADABAM, Development Finance, Guarantees & Blended Finance Programs, with a secondary code of BPADACAH, Climate Finance Funds & Green Investment Facilities. Its NAICS code is 5223 and its SIC code is 6111.