Finance the Future of Materials
A $2 billion investment program scaling Next Gen fibre production in India and replacing forest extraction with circular, low-carbon infrastructure.
The Challenge
Five billion trees (many from Ancient and Endangered Forests) are logged annually to make pulp, packaging, and textiles like viscose, rayon, and lyocell, causing habitat and biodiversity loss and severe climate impacts.
Meanwhile, India generates 8MT of textile waste and burns 100MT of agriculture residue (1/5 of the global total) annually, causing large disposal and air pollution problems with high human, productivity, and climate costs.
Canopy proposes a $2B USD investment program anchored by a $500M+ blended finance platform, supporting industrial manufacturing, processing, and upstream agricultural capacities, in order to scale a regenerative and circular Next Gen fibre sector transformation in India and beyond.
Global Supply Chain Impact
The India Next Gen Fibre Investment Program will address an urgent, global scale forest degradation problem by meeting unmet demand for cellulosic fibres using existing, underutilized alternative resources.
The $500M+ platform will blend grants, concessional funds, and commercial capital, enabling the reduction of investment barriers, and attraction of scaled up commercial financing. A variety of concessional and commercial public and private investors are expected to invest at the project level, making up the remainder of the $2B overall goal. Over time, as companies mature, returns are proven, and risks fall, greater commercial capital will flow into the sector to meet growing global demand.
Scale India’s Next Gen
Commit to exploring participation in the investment program: mobilizing catalytic capital to scale Next Gen solutions that replace forest fibre with circular innovation.
