2030 Finance | January 25, 2017

Tropical Landscapes financing in Indonesia gets boost from Convergence

ImpactAlpha
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ImpactAlpha

ADM Capital, based in Hong Kong, will get an undisclosed amount from the investment matchmaking platform Convergence to develop its plans to boost investment in smallholder farmer livelihood, rural electricity and greenhouse gas reduction in Indonesia.

Cash-generating projects in the Tropical Landscapes Financing Facility will be packaged into a Tropical Landscapes Bond in order to recycle loan capital.

Last year, Convergence backed Kois Invest to develop an impact bond focused on employment opportunities for Syrian refugees.