Fund
ID | INDIGO-FUND-0021 |
---|---|
Fund - Name | Economie circulaire (Circular economy) - France |
Fund - Host institution of Outcome Fund | INDIGO-ORG-1201 |
Fund - Mechanism | The Fund has been created under the Lavenir (2019) national framework supporting the use of Contracts à Impact (the French equivalent of Social Impact Bonds) to promote innovation and prevention in social and environmental policies. These contracts are not intended to replace existing effective provision, but to complement it to provide additional, innovative programmes. The call for proposals also emphasised the importance of involving local stakeholders. |
Fund - Dates - Expression of interest - (Value) | 2020-09 |
Fund - Purpose and classifications - Purpose | The Circular economy fund is promoted by ADEME (the French agency for ecological transition) to support the emergence of innovative projects to protect the environment and the circular economy in particular (including the management of organic waste, re-use and recycling, city waste management, etc). |
Fund - Purpose and classifications - Secondary SDG goals | 11,12,13,17 |
Fund - Dimensions of Scale - Total Outcome Fund value (outcomes funding) - Currency | EUR |
Fund - Dimensions of Scale - Total Outcome Fund value (outcomes funding) - Aspiration - Amount - (Value) | 10000000 |
Fund - Dimensions of Scale - Total Outcome Fund value (outcomes funding) - Aspiration - Amount USD - (Value) | 11742000 |
Fund - Dimensions of Scale - Total Outcome Fund value (outcomes funding) - Actual - Amount - (Value) | 27300000 |
Fund - Dimensions of Scale - Total Outcome Fund value (outcomes funding) - Actual - Amount USD - (Value) | 32055660 |
Fund - Country | France |
Fund - Geographic area for outcome payment 1: Country - (Value) | FR |