AGRI3-Rabobank Partner Event”: Celebrating a Next Phase for Sustainable Impact

What started in 2017 as an ambitious commitment, announced by Rabobank and UNEP, to mobilise USD 1 billion for deforestation-free and sustainable agriculture has grown into a fully operational blended finance fund with real impact on the ground.

Since becoming operational in 2020, AGRI3 has carved out a unique role: helping financial institutions in emerging markets support their clients in transitioning to more sustainable agricultural practices. By providing risk mitigation guarantees, the Fund enables investments that might otherwise be considered too challenging or outside standard risk appetite.

The celebration itself was not just about looking back, but very much about looking ahead. A key highlight was the progress in terms of new capital commitments, including a significant second loss guarantee from the European Commission and the participation of the SDG Impact Finance Initiative (SIFI). Els Kamphof also handed over the EUR 5 mln donation cheque from Rabobank through Cooperative Initiative for technical assistance, a key enabler for maximising impact on food system transition. These developments create real momentum and bring the Fund closer to achieving its original USD 1 billion ambition before the end of the decade.

There was also space to reflect on what has already been achieved. From supporting large-scale initiatives in Brazil to fostering sustainable agricultural value chains in India, AGRI3’s work is increasingly visible. Projects such as the Responsible Commodities Facility and the Renova Pasto Program show how financial innovation can directly contribute to reducing deforestation while improving farmers’ productivity and livelihoods.

Beyond the formal moments, what made the evening truly special was the atmosphere. There was a strong sense of shared ownership among the diverse group of stakeholders present, from public partners like the Ministry of Foreign Affairs, who played a crucial role in the Fund’s early days, to fund managers, partners and colleagues who continue to drive its success today. It was also a warm welcome moment for Ineke Keers, the new Managing Director of AGRI3 Fund, who took the opportunity to connect with partners and stakeholders. There was a visible sense of pride in what has been built together.

If there was one takeaway from the evening, it is that AGRI3 stands at a promising point. The Fund has proven its concept, built strong partnerships, and is now well-positioned to scale its impact even further. It was a celebration of momentum, collaboration and the shared belief that finance can be a powerful force for positive change. In a world where sustainable food systems and forest protection are increasingly urgent, this work matters more than ever.