Global Platform for Sustainable Natural Rubber

SharedInvestmentMechanism

Members back sustainability and capacity building for natural rubber smallholders, some by contributing cash to a shared pool, others by funding a qualifying project of their own. Every project is approved under the same mechanism.

SIM Indonesia10 projects Thailand9 projects Côte d’Ivoire3 projects China1 project Sri Lanka1 project India1 project
  • 6 co-funded from pooled cash contributions
  • 18 funded in kind by individual members

Every project is approved under SIM, whichever route funds it. Dot size shows projects per country.

Latest update · September 2026

2027 in kind contribution application opens!

SIM 2027 IKC applications are now open. Applications will be assessed against the SIM Funding Principles and the Open Market Criteria set out in the Shared Investment Framework.

Closes 30 September 2026, 23:59 Singapore time

Deadline extended from the original date

Recent updates

What is Shared Investment Mechanism ?

A joint funding framework for the natural rubber value chain

The Shared Investment Mechanism (SIM) is a joint funding framework under which GPSNR ordinary members co-fund sustainability and capacity building projects across the natural rubber value chain. It currently applies as a membership requirement for manufacturer members, with opportunities for other member categories to participate.

How members participate

Members meet their SIM commitment in one of two ways.

Route one

Cash contribution

The member contributes cash to the SIM, to co-fund projects collectively with other members.

Route two

In kind contribution (IKC)

The member funds their own project that meets the SIM funding principles, in place of contributing cash.

What the SIM funds

Two kinds of project result, and both are held to the same funding principles.

GPSNR projects

Initiatives co-funded by members' cash contributions, selected through open calls for proposals, assessed by the Project Management Working Group evaluators and approved by the Shared Investment Panel.

In kind contribution projects

Projects initiated and funded by an individual member, alone or together with other members or non-members, that meet the SIM funding principles. The member may manage and monitor the project themselves, or assign management and monitoring to GPSNR.

What every SIM project must do

All SIM projects, GPSNR funded or in kind, must meet all four requirements.

  • 01

    Meet the open market criteria, meaning the benefits delivered can be captured by the entire natural rubber supply chain.

  • 02

    Align with the GPSNR Policy Framework.

  • 03

    Address social, environmental or livelihood improvements in the natural rubber supply chains.

  • 04

    Address at least one, and ideally two, of the eligible topics below.

Eligible topics

  • a)Smallholder capacity building
  • b)Environmental and/or pesticide management
  • c)Deforestation
  • d)HCV degradation
  • e)Regulatory and/or legal compliance
  • f)Agroforestry
  • g)Farm mapping/traceability
  • h)HCV/HCS mapping of landscape, community or individual smallholders or group of smallholders
  • i)Forest preservation, protection and/or restoration
  • j)Diversification of revenues for smallholders
  • k)Promoting or enhancing social and human rights
  • l)Tackle barriers to achieving sustainable production, and can be beyond production practice; for example, efforts to ensure smallholders are incentivised towards sustainable production

How the SIM works

  1. 01

    Annual pledges

    Members pledge funds annually based on a set formula: 20% equal share, 80% proportional to rubber sourced.

  2. 02

    Contributions

    Contributions can be direct financial support, or in kind projects that align with GPSNR's SIM Funding Principles and meet the open market criteria.

  3. 03

    Governance

    Projects are proposed, reviewed by GPSNR's working groups and approved by the Shared Investment Panel, through a structured process.

  4. 04

    Monitoring

    Regular monitoring and public reporting ensure transparency and accountability.

Fair contribution formula

Members contribute based on a mix of equal share and their natural rubber sourcing volume.

Applies to SIM 2025, 2026 and SIM 2027

USD 25,000 + USD 0.40 per MT × NR volume sourced by manufacturer

Transparent governance

Shared Investment Framework

Sets out the guiding principles defining how funds are (1) pledged, (2) utilized and (3) managed.

Read the framework

Shared Investment Mechanism

Operations of the SIM

From the call for proposals through to project completion, showing where each decision sits and what happens when a project is not approved.

Rejected GPSNRprojects In kindapplications Evaluation Selection andapproval Signing ofcontract Manufacturer begins or continuesin kind implementation Implementation,monitoring andevaluation Reporting andfinalendorsement Remediationplan Projectcompletion
  • Approved path
  • Not endorsed, returns for remediation
  • Select any stage for detail

Select any stage in the diagram to see what happens there and who is responsible.

Read this as text
  1. 01

    Applications come in

    Two streams enter the mechanism. GPSNR projects arrive through a call for project proposals open to GPSNR and non-GPSNR members. In kind contribution applications are submitted by manufacturer members.

  2. 02

    Evaluation

    Both streams are evaluated together against the same criteria.

    Project Management Working Group
  3. 03
    Approved, GPSNR projects

    Selection and approval

    Manufacturers select their preferred projects. The Secretariat proposes a reallocation, which the manufacturers agree. The SIP gives final approval.

    Manufacturers, Secretariat, Shared Investment Panel
  4. 04

    Signing of contract

    The approved GPSNR project is contracted before implementation begins.

  5. 05
    Approved, in kind projects

    Implementation begins

    The manufacturer commences, or continues, its in kind project implementation. No contracting step applies, since the member funds the project directly.

  6. 06

    Implementation, monitoring and evaluation

    Both streams converge here, but monitoring does not work the same way for each. GPSNR projects are monitored by the GPSNR Secretariat. In kind projects are monitored by the member company funding them, unless that member assigns monitoring to the Secretariat.

    GPSNR projects: GPSNR Secretariat. In kind projects: the funding member, or the Secretariat where assigned. Evaluation: Secretariat with the Project Management Working Group.
  7. 07

    Reporting and final endorsement

    Project reporting is evaluated, then put to the SIP for final endorsement.

    Secretariat and Project Management Working Group, then Shared Investment Panel
  8. 08
    Not endorsed

    Remediation plan

    A remediation plan is put in place and the project returns to implementation, monitoring and evaluation at step 06.

  9. 09
    Endorsed

    Project completion

    The project is complete.

  1. 01

    Applications come in

    Two streams enter the mechanism. GPSNR projects arrive through a call for project proposals open to GPSNR and non-GPSNR members. In kind contribution applications are submitted by manufacturer members.

  2. 02

    Evaluation

    Both streams are evaluated together against the same criteria.

    Project Management Working Group
  3. 03
    Approved, GPSNR projects

    Selection and approval

    Manufacturers select their preferred projects. The Secretariat proposes a reallocation, which the manufacturers agree. The SIP gives final approval.

    Manufacturers, Secretariat, Shared Investment Panel
  4. 04

    Signing of contract

    The approved GPSNR project is contracted before implementation begins.

  5. 05
    Approved, in kind projects

    Implementation begins

    The manufacturer commences, or continues, its in kind project implementation. No contracting step applies, since the member funds the project directly.

  6. 06

    Implementation, monitoring and evaluation

    Both streams converge here, but monitoring does not work the same way for each. GPSNR projects are monitored by the GPSNR Secretariat. In kind projects are monitored by the member company funding them, unless that member assigns monitoring to the Secretariat.

    GPSNR projects: GPSNR Secretariat. In kind projects: the funding member, or the Secretariat where assigned. Evaluation: Secretariat with the Project Management Working Group.
  7. 07

    Reporting and final endorsement

    Project reporting is evaluated, then put to the SIP for final endorsement.

    Secretariat and Project Management Working Group, then Shared Investment Panel
  8. 08
    Not endorsed

    Remediation plan

    A remediation plan is put in place and the project returns to implementation, monitoring and evaluation at step 06.

  9. 09
    Endorsed

    Project completion

    The project is complete.

Shared Investment Mechanism

Projects supported under SIM

Twenty four projects, filtered by approval cycle or by country.

What SIM 2025 and SIM 2026 mean here. They are the funding cycle in which a project was approved, not how long it runs. Most projects run for more than one year, and several approved under SIM 2025 were extended under SIM 2026. Those are shown as a single project with both approvals recorded, and are counted once on the map. Project end dates are not listed because they change as projects are extended.

Côte d’IvoireIndonesiaChinaSri LankaThailandIndia

Approval cycle

Country

Dot size shows how many projects run in that country. A project approved in both cycles is counted once. A project running in two countries is counted under both.

All projects

Project ID Project title Project funder Country Status
GPSNR2025‑01 Improving health and livelihoods of smallholder rubber farming communities in West AfricaApproved under SIM 2025 · Pooled fund project GPSNR pooled fund
13 contributing members
  • AEOLUS TYRE CO., LTD.
  • Apollo Tyres
  • Balkrishna Industries Ltd
  • Cheng Shin Rubber Ind. CO., LTD (Maxxis)
  • Goodyear Tire & Rubber Co.
  • Hankook Tire Co. Ltd
  • Kumho Tire Co. Inc.
  • Nokian Tyres
  • Prometeon Tyre Group SRL
  • Sumitomo Riko Company Limited
  • Sumitomo Rubber Industries Ltd
  • Toyo Tire Corporation
  • Yokohama
Côte d’Ivoire Ongoing
GPSNR2025‑02 Support livelihood improvement in rubber communities and reforestation solutions in the Indénié-Djuablin and Guémon regionsApproved under SIM 2025 · Pooled fund project GPSNR pooled fund
15 contributing members
  • AEOLUS TYRE CO., LTD.
  • Apollo Tyres
  • Balkrishna Industries Ltd
  • Cheng Shin Rubber Ind. CO., LTD (Maxxis)
  • Goodyear Tire & Rubber Co.
  • Hankook Tire Co. Ltd
  • Kumho Tire Co. Inc.
  • Nexen Tire Corporation
  • Nokian Tyres
  • Prometeon Tyre Group SRL
  • Sumitomo Riko Company Limited
  • Sumitomo Rubber Industries Ltd
  • Toyo Tire Corporation
  • Renault
  • Yokohama
Côte d’Ivoire Ongoing
GPSNR2026‑01 Designing a community-led sustainable natural rubber farming system in Thailand's Western Forest Complex (WEFCOM)Approved under SIM 2026 · Pooled fund project GPSNR pooled fund
14 contributing members
  • Apollo Tyres
  • Balkrishna Industries Ltd
  • Cheng Shin Rubber Ind. CO., LTD (Maxxis)
  • Goodyear Tire & Rubber Co.
  • Hankook Tire Co. Ltd
  • Kumho Tire Co. Inc.
  • Nexen Tire Corporation
  • Nokian Tyres
  • Prometeon Tyre Group SRL
  • Sumitomo Riko Company Limited
  • Sumitomo Rubber Industries Ltd
  • The Yokohama Rubber Co. Ltd
  • Toyo Tire Corporation
  • Renault
Thailand Pending contract signingAwaiting receipt of all SIM contributions before contract signing and commencement of official project implementation.
GPSNR2026‑02 Strengthening smallholder capacity to protect HCVs and HCS forests and mitigate deforestation in natural rubber supply chainsApproved under SIM 2026 · Pooled fund project GPSNR pooled fund
14 contributing members
  • Apollo Tyres
  • Balkrishna Industries Ltd
  • Cheng Shin Rubber Ind. CO., LTD (Maxxis)
  • Goodyear Tire & Rubber Co.
  • Hankook Tire Co. Ltd
  • Kumho Tire Co. Inc.
  • Nexen Tire Corporation
  • Nokian Tyres
  • Prometeon Tyre Group SRL
  • Sumitomo Riko Company Limited
  • Sumitomo Rubber Industries Ltd
  • The Yokohama Rubber Co. Ltd
  • Toyo Tire Corporation
  • Renault
Indonesia Pending contract signingAwaiting receipt of all SIM contributions before contract signing and commencement of official project implementation.
GPSNR2026‑03 Agroforestry Diversification and Value Addition for Rubber Productivity Resilience, Farmer Livelihoods, Ecological Restoration and Human-Wildlife Co-existenceApproved under SIM 2026 · Pooled fund project GPSNR pooled fund
14 contributing members
  • Apollo Tyres
  • Balkrishna Industries Ltd
  • Cheng Shin Rubber Ind. CO., LTD (Maxxis)
  • Goodyear Tire & Rubber Co.
  • Hankook Tire Co. Ltd
  • Kumho Tire Co. Inc.
  • Nexen Tire Corporation
  • Nokian Tyres
  • Prometeon Tyre Group SRL
  • Sumitomo Riko Company Limited
  • Sumitomo Rubber Industries Ltd
  • The Yokohama Rubber Co. Ltd
  • Toyo Tire Corporation
  • Renault
Thailand Pending contract signingAwaiting receipt of all SIM contributions before contract signing and commencement of official project implementation.
GPSNR2026‑04 Sustainable Natural Rubber : Empowering Smallholders For Livelihood Resilience And Boosting Human-Elephant Coexistence In Tapi River LandscapeApproved under SIM 2026 · Pooled fund project GPSNR pooled fund
13 contributing members
  • Apollo Tyres
  • Balkrishna Industries Ltd
  • Cheng Shin Rubber Ind. CO., LTD (Maxxis)
  • Goodyear Tire & Rubber Co.
  • Hankook Tire Co. Ltd
  • Kumho Tire Co. Inc.
  • Nexen Tire Corporation
  • Nokian Tyres
  • Sumitomo Riko Company Limited
  • Sumitomo Rubber Industries Ltd
  • The Yokohama Rubber Co. Ltd
  • Toyo Tire Corporation
  • Renault
Thailand Pending contract signingAwaiting receipt of all SIM contributions before contract signing and commencement of official project implementation.
IKC2025‑01 Sustainability and Value Added in Agricultural Supply Chains in IndonesiaApproved under SIM 2025 · In kind contribution Continental Indonesia Ongoing
IKC2025‑04 From Farm to Tire: Empowering Natural Rubber Farmers for Sustainability BusinessApproved under SIM 2025 · In kind contribution GITI Indonesia Ongoing
IKC2025‑08 Holistic Capacity Building Project for Natural Rubber Smallholders in Northern ThailandApproved under SIM 2025 · In kind contribution Michelin Thailand Ongoing
IKC2025‑09 Sumatran Elephant Conservation – Keeping the High Value Species for High BiodiversityApproved under SIM 2025 · In kind contribution GITI Indonesia Ongoing
IKC2025‑11 Project proposal for regenerative agroforestry & jungle rubber in Ban Bon Khuan community forestApproved under SIM 2025 · In kind contribution Pirelli Thailand Ongoing
IKC2025‑14 Smallholder Good Agricultural Practices Coaching in ThailandApproved under SIM 2025 · In kind contribution Sumitomo Rubber Thailand Completed
IKC2025‑15 GPSNR Agroforestry ProjectApproved under SIM 2025 · In kind contribution Michelin Thailand Completed
IKC2025‑16 Strengthening the Capacity and Livelihood improvement of Smallholder Rubber Farmers in North-Eastern IndiaApproved under SIM 2025 · In kind contribution CEAT India Ongoing
IKC2026‑01Extension of IKC2025‑10 Rooted Resilience: Empowering Smallholders with Nature-Based Solutions in Indonesia and Ivory CoastApproved under SIM 2025, extended under SIM 2026 · In kind contributionExtended under SIM 2026
Approval history
  • SIM 2025 · IKC2025‑10 — Smallholder and Indigenous People/Local Communities Risk Mitigation Project in Indonesia and Ivory Coast
  • SIM 2026 · IKC2026‑01 — Rooted Resilience: Empowering Smallholders with Nature-Based Solutions in Indonesia and Ivory Coast
Bridgestone SingaporeEarlier approval under Bridgestone Indonesia and Côte d’Ivoire Ongoing
IKC2026‑02 Smallholder-Led Regenerative Rubber Farming in South SumatraApproved under SIM 2026 · In kind contribution Goodyear Indonesia Ongoing
IKC2026‑03Extension of IKC2025‑02 WWF-Bridgestone Sustainable Natural Rubber project in IndonesiaApproved under SIM 2025, extended under SIM 2026 · In kind contributionExtended under SIM 2026
Approval history
  • SIM 2025 · IKC2025‑02 — WWF-Bridgestone Sustainable Natural Rubber project in Indonesia
  • SIM 2026 · IKC2026‑03 — WWF-Bridgestone Sustainable Natural Rubber project in Indonesia
Bridgestone CorporationEarlier approval under Bridgestone Indonesia Ongoing
IKC2026‑04 Rubber and Local Fruit Trees Agroforestry for Reforestation Deforested Land Through Social Forestry Scheme.Approved under SIM 2026 · In kind contribution PT. Bridgestone Kalimantan Plantation Indonesia Ongoing
IKC2026‑05Extension of IKC2025‑12 Comprehensive support for capacity building and living environment improvement for small-scale rubber farmers in Surat Thani, Southern ThailandApproved under SIM 2025, extended under SIM 2026 · In kind contributionExtended under SIM 2026
Approval history
  • SIM 2025 · IKC2025‑12 — Comprehensive support for capacity building and living environment improvement for small-scale rubber farmers in Surat Thani, Southern Thailand
  • SIM 2026 · IKC2026‑05 — Comprehensive support for capacity building and living environment improvement for small-scale rubber farmers in Surat Thani, Southern Thailand
The Yokohama Rubber Co., Ltd. Thailand Ongoing
IKC2026‑06Extension of IKC2025‑13 Sustainable Livelihoods and Ecological Education Promotion Project for Natural Rubber Smallholders in Northeastern ThailandApproved under SIM 2025, extended under SIM 2026 · In kind contributionExtended under SIM 2026
Approval history
  • SIM 2025 · IKC2025‑13 — Sustainable livelihood and ecological education promotion project for natural rubber smallholders in eastern Thailand
  • SIM 2026 · IKC2026‑06 — Sustainable Livelihoods and Ecological Education Promotion Project for Natural Rubber Smallholders in Northeastern Thailand
Sailun Group Co., Ltd. Thailand Ongoing
IKC2026‑07Extension of IKC2025‑05 Project CASCADE: Committed Actions for Smallholders Capacity DevelopmentApproved under SIM 2025, extended under SIM 2026 · In kind contributionExtended under SIM 2026
Approval history
  • SIM 2025 · IKC2025‑05 — Project CASCADE: Committed Actions for Smallholders Capacity Development
  • SIM 2026 · IKC2026‑07 — Project CASCADE: Committed Actions for Smallholders Capacity Development
Michelin Indonesia Ongoing
IKC2026‑08Extension of IKC2025‑06 MAHAKAM ProjectApproved under SIM 2025, extended under SIM 2026 · In kind contributionExtended under SIM 2026
Approval history
  • SIM 2025 · IKC2025‑06 — MAHAKAM Project
  • SIM 2026 · IKC2026‑08 — MAHAKAM Project
Michelin Indonesia Ongoing
IKC2026‑09Extension of IKC2025‑03 Rural Communities Transformation and Restoring Ecosystems for Sustainable Natural Rubber in Xishuangbanna Phase II 2026Approved under SIM 2025, extended under SIM 2026 · In kind contributionExtended under SIM 2026
Approval history
  • SIM 2025 · IKC2025‑03 — Revitalising Rural Communities and Restoring Ecosystems for Sustainable Natural Rubber in Xishuangbanna
  • SIM 2026 · IKC2026‑09 — Rural Communities Transformation and Restoring Ecosystems for Sustainable Natural Rubber in Xishuangbanna Phase II 2026
Linglong Tire China Ongoing
IKC2026‑10Extension of IKC2025‑07 The Rubber Improvement of Value Chain and Embedded Smallholders Resilience (RIVER) projectApproved under SIM 2025, extended under SIM 2026 · In kind contributionExtended under SIM 2026
Approval history
  • SIM 2025 · IKC2025‑07 — The Rubber Improvement of Value Chain and Embedded Smallholders Resilience (RIVER) Project
  • SIM 2026 · IKC2026‑10 — The Rubber Improvement of Value Chain and Embedded Smallholders Resilience (RIVER) project
Michelin Sri Lanka Ongoing

GPSNR SIM Notebook (Google NotebookLM)*
*The information provided in this Google Notebook is generated for reference purposes only and is derived from selected key GPSNR documents.

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