What are you rendering on to - brick or block.
Waterproofer in the scratch coat is a 50/50 question some say always some say never. "Feb" is the brand name - rather like hoover is for vacuum cleaner
Your main problem here is going to be damp from the soil in the raised bed blowing the render off. If you're one coating it rather than a thick scratch and a tight top coat. Id go with a 6:1:1 sand/cement/lime - level it off, let it go green and then rub it up.
I was talking to a plaster a while back who recommended 7:1 or even 12:1:1 personally I think that would end up on the floor.
Dont forget some capping, and a bellcast at the bottom and stainless angles unless you're confident to free hand them.
Thats what I think, but Im sure someone will be around in a bit to recommend something else.