IFACC 2023 Market Report

IFACC now has 16 signatories who have collectively committed US$ 4,6 billion for deforestation and conversion-free (DCF) soy, cattle, agroforestry, and non-timber forest products in South America.In our second edition of the IFACC annual Market Report, we highlight the IFACC-aligned products that have been brought to market in 2023, including product partners, impact goals, structures, disbursement amounts, and opportunities to scale these disbursements. New in 2023 we note the expansion of IFACC’s scope to include agroforestry and non-timber forest products, and we present our first series of impact results from IFACC-aligned products. The report seeks to raise awareness of market progress and innovations and to help inform our many partners who are working to create and expand similar mechanisms in 2024 and the years to come. IFACC was launched in 2021 with the collective goal of reaching USD 1 billion in disbursements for the agricultural transition in the Amazon, Cerrado, and Chaco biomes by the end of 2025. IFACC is working to support companies, banks, and investors to accelerate lending and investment in models that can grow the production of beef, soy, and other commodities without further deforestation and conversion of natural vegetation. IFACC provides support on environmental and social impact management, connections to catalytic capital providers and other business partners, access to the best intelligence on product structures and approaches, and advice on leveraging Deforestation and Conversion Free (DCF) financial products to achieve net zero targets. INTRODUCTION © André DibInfographic 1: List of all IFACC signatories separated according to their institution type, 5 IFACC 2023 MARKET REPORT