Bonsucro Impact Fund

Investing in innovative projects at sugarcane origins
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The Bonsucro Impact Fund supports projects that address critical sustainability challenges in the sugarcane sector.

Using income from the Bonsucro Credit Trading Platform, our Fund offers our members the chance to apply for thematic grants for projects that catalyse more sustainable sugarcane production.

Could we support your project?

The Bonsucro Impact Fund supports projects that:

Are collaborative and innovative

All proposed projects put forward must involve at least three organisations – the lead applicant must be a Bonsucro member, and the consortium must include multiple actors across the supply chain.

Demonstrate the potential for scale

While projects receiving an innovation grant (up to £50,000) may not impact a huge number of farmers or area of land, we’re looking for ideas that can be scaled up or replicated in other places. Impact projects (up to £150,000) should seek to effect a significant positive impact on those working directly in the sugarcane sector.

Take place in one of our priority countries

We are looking to create focused impact in origins that will help us achieve our strategic aims. The priority countries can be found in the “Calls for Proposals”.

Cross-cutting themes

For 2023 and 2024, we want to reflect the importance and cross-applicability of addressing gender inequality and supporting smallholder farmers. Therefore we will be prioritising projects that meaningfully address these chosen cross-cutting themes.

How it works

We publish “Calls for Proposals” on specific themes and invite our members to apply for grants through a competitive selection process. These themes are aligned with our strategy alongside the current challenges that our members are dealing with.

Because applying for grants can be time-consuming, we have a two-stage application process.

Stage 1 – the concept note

Applicants submit a short concept note outlining the project idea through our dedicated online form. The offline template can be found below in English, Spanish and Portuguese. These concept notes are evaluated by the Project Selection Committee. 

If you are a Bonsucro member but are not able to proceed with your Access Request, please contact imogen@bonsucro.com who will be able to assist by verifying your contact details.

Stage 2 – the full proposal

The Project Selection Committee will invite the most promising ideas to submit a full project proposal. The full proposal should address any concerns or issues raised by the Committee.

The full proposal includes a narrative proposal, a log frame, a workplan, and a proposed budget.

Once the successful projects have been selected, we may ask the applicant to make some final adjustments to their proposal and budget. The final negotiated proposal and budget will be used to form a grant agreement.

After the grants have been awarded

Bonsucro will request the selected applicant to complete our grantee’s due diligence questionnaire and provide the supporting documentation. All grant recipients are required to have completed all membership obligations and are expected to respect Bonsucro’s Code of Conduct.

Once the project is underway, we will ask for regular updates. Grantees will have quarterly check-in calls with the Impact Funding Manager and must submit progress reports every six months, culminating in a final project report once the project is complete.

As the project nears completion, we will work with the grantees to share and capture stories of change and their learnings. In 2024 the Bonsucro Impact Fund has allocation a proportion of its granting budget for follow-on funding. This follow-on funding will be given by invitation only, to grants awarded in 2022 which are coming to a close, but present a clear opportunity to extend impact and further learning.

Field day at a Bonsucro Impact Fund project in Brazil by Pulse Hub / Raízen and Arable. Credit: Arable

Where does the money come from?

The Bonsucro Impact Fund creates grants using income from the sale of Bonsucro Credits through our Credit Trading Platform. All trades are charged a transaction fee, around 50% of which is invested into the Bonsucro Impact Fund.

Bonsucro certified producers can sell credits for their sugarcane, raw sugar, ethanol, or molasses. Bonsucro members can purchase credits, whether they are certified against the Chain of Custody Standard or not. This allows buyers to achieve their sustainable sourcing goals while investing in sustainability projects at sugarcane origins.

Apply for a grant

We don’t have a call for proposals open at the moment. Latest call for proposals closed on 10th January 2025.

If you have any questions about the Bonsucro Impact Fund, please email us at fund@bonsucro.com.

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English – Español – Portugues

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Projects supported by the Fund

Smallholder projects
Climate action and water stewardship projects
Human rights and decent work projects

Monitoring, evaluation, and learning

Monitoring, evaluation and learning is a crucial part of the Bonsucro Impact Fund, both for individual projects and the Bonsucro Impact Fund as a whole.

When first launched, the Bonsucro Impact Fund was supported by SOAS and the Brazilian Centre for Analysis and Planning as our monitoring, evaluation and learning (MEL) partner for the fund. Since 2024, Bonsucro has been providing MEL support to grantees directly through our Monitoring and Impact team, using the learning from our pilot year to improve the resources and tools on offer. 

Our MEL team is available to support grantees on all aspects of monitoring the progress of their project. They are on hand to support project teams to create a robust MEL plan and baselines at the beginning of the project; smooth progress reporting throughout; and deliver a body of evidence at the end to demonstrate the learning and impact achieved by each project. 

The MEL team also supports grantees to share their experiences and disseminate best practice.