The Environmental and Sustainable Investment Fund ESIF (FIAS) is a private entity, with its own legal status, non-profit, governed and subject to the provisions of the Ecuadorian Civil Code. Its objective is to support the financing for the environmental management, through the implementation of strategies and financial mechanisms for the protection, conservation, and improvement of natural resources, in accordance with the priorities and environmental policies of sustainable development of the country stablished by the governing authority, the Ministry of Environment, Water and Ecological Transition MEWET (MAATE).
The objective for which the (FIAS) is created, is included in article 3 of the decree of its creation and is limited to: “(…) manage, receive, administer, mobilize, invest and execute funds to finance initiatives, plans, programs and projects aimed at environmental management, protection, conservation and sustainable use of natural resources and biodiversity; as well as for to climate change mitigation and adaptation actions and for the management of environmental quality, articulated in Ecuadorian legislation, international agreements and national environmental policies”.
It has an interdisciplinary human team made up of technical, administrative, financial and communication professionals.
SEIF´s scope of action covers all of Ecuador, both the terrestrial and marine-coastal extension in accordance with the territorial priorities of the National Environmental Authority.