OroVerde – The Tropical Forest Foundation
Founded in Germany by individuals from business and the natural sciences in 1989, OroVerde (“Green Gold”) is a non-profit foundation that initiates, supports, and promotes projects that conserve tropical forests. Though headquartered in Bonn, Germany, OroVerde works on projects in Indonesia and many countries in Latin America and the Caribbean, including Guatemala, Mexico, Venezuela, Ecuador, Dominican Republic and Cuba.
In its projects abroad, the organization focuses on creating permanently effective contributions to forest protection by choosing carefully selected, reliable local partners to implement projects. In Germany, OroVerde promotes environmental education, raise awareness about rainforest protection, and builds networks between entrepreneurs and the restoration economy.
One of the focus countries of OroVerde's work is Guatemala. Since 2003, OroVerde has been working closely with the Fundación Defensores de la Naturaleza in different projects and regions of the country and since 2012 also with Heifer International Guatemala. One example is the current OroVerde project "Forest Values - Innovative Partnerships for Forest Restoration", which aims to promote socially responsible forest landscape restoration and to develop innovative financing models with the private sector. Various components help create value chains and other funding or donation opportunities that open the door to a more progressive promotion of forest regeneration and protection. The project is supported by the International Climate Initiative (IKI) of the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB).
Another example of OroVerde's work related to FLR is an analysis of how the concept of Impact Investments is implemented in practice and how far these investment opportunities have the potential to mobilize private capital for the protection of forests and biodiversity.