Climate Fund Managers obtains EUR 105 million guarantee from European Union under EU's European Fund for Sustainable Development Plus-program

Client(s) Climate Fund Managers B.V.

Jones Day represented Climate Fund Managers B.V. in obtaining a EUR 105 million guarantee from the European Union, represented by the European Committee, under the EU's European Fund for Sustainable Development Plus-program. The EFSD+ guarantee will be used for private sector counterparties (i.e. professional investors such as banks, insurers, fund managers and pension funds) who want to invest into climate, ocean and nature-based solutions in emerging markets (e.g. natural assets and species protection, conservation, local community livelihoods, marine and terrestrial protected areas).
 
This transaction has already garnered international recognition, with the inhouse team at FMO having received the Financial Times Innovative Lawyers Europe 2025 award in the category "in-house: Innovation in Sustainability & Impact" in connection with this transaction.

This recognition highlights the innovative legal structuring and cross-institutional collaboration that made this agreement possible. The guarantee mechanism is praised for its ability to unlock climate finance at scale, while balancing innovation, risk mitigation and measurable impact.