The 12Tree Sustainable Agroforestry Fund (SAF) is an innovative strategy that aims to demonstrate that investments in climate smart agriculture are profitable and possible at large scale. The fund invests in sustainably-managed and inclusive agricultural production models in the tropics. It explores long-term demand shifts created by demographic and food consumer trends and targets underinvested sectors with structural flaws and potential for productivity gains, economies of scale and reduced impact on natural resources. 12Tree has identified sustainable premium cocoa production and other climate-smart agroforestry opportunities for Investment and has made investments in Ecuador, Colombia and Costa Rica.