Finnfund and MLR Forestal to work on an innovative biodiversity remediation programme in Nicaragua
Finnfund, a Finnish development financier and impact investor, and MLR Forestal, a Nicaraguan agroforestry company, launched an innovative pilot project to restore 554 hectares of degraded forest lands with significant biodiversity potential in Nicaragua.
MLR Forestal, established in 2013, a Finnfund investee since 2019, is an agroforestry company focusing mainly on production of teak and cocoa. The company currently manages approximately 5,000 hectares of land mostly in Siuna and a small proportion in Bonanza. The company areas are known for their high levels of biodiversity and are