DFCD | FUND

Letter from the MB of the Fund Manager

In 2023, the volatile global economic and geo-political circumstances were aggravated by more extreme weather conditions, food crises, the collapse of several major banks, the ongoing war in Ukraine, the war in Gaza, and Sahel coups.

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List of abbreviations

Summary of material accounting policies

The Dutch Fund for Climate and Development (DFCD) (the "Fund") is established as a consortium led by FMO with consortium partners SNV Netherlands Development Organisation (SNV), World Wildlife Fund for Nature (WWF-NL) and Climate Fund Managers (CFM)

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Consolidated statement of financial position

At December 31

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Consolidated statement of changes in fund capital

At December 31

Read more ›Consolidated statement of changes in fund capital

Consolidated statement of comprehensive income

At December 31

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Consolidated statement of cash flows

At December 31

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Notes to the special purpose consolidated annual accounts

The cash in bank accounts can be freely disposed of.

Read more ›Notes to the special purpose consolidated annual accounts

Risk management

The risk management framework of the Dutch Fund for Climate and Development (“DFCD”, or “the Fund”) is based on two pillars: (i) prudent financial risk management, and (ii) preventing non-financial risks such as reputational risk, environmental,

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