- 50/50 split... Standard Chartered and CDC’s fund will invest $150 million over three years.
- Current suppliers… to Standard Chartered’s large business clients will benefit most.
Olam’s $500 million club loan shows bankers will back sustainable agriculture
- The incentives... The banks will cut Olam’s interest rate if the food supplier hits dozens of ESG targets, as measured by Sustainalytics.
- Major banks crowded in... The 15 major Asian and European banks, led by BNP Paribas and ING Bank pooled their equal shares.
- Putting a price on sustainable improvements… Loans like Olam’s show major banks are setting a price for environmental and social performance improvements.
Impact Terra raises $3M to provide ag data to Myanmar farmers
- The problem...More than 60% of Myanmar’s workforce depends on farming for a living...but the country’s agriculture sector is among the least productive in Asia.
- Impact Terra's solution...leveraging Myanmar’s mobile connectivity growth to provide agricultural data and advice...
SEAF backs maternal and infant care center in Vietnam
- It's a follow-on investment.... In 2011, the Washington DC-based Small Enterprise Assistance Fund made a $2.9 million investment in the hospital.
- The new investment... was made through SEAF’s Women’s Opportunity Fund...
Northstar Foundation invests in women, health and arts via Du’Anyam
- Indonesia-based Du’Anyam... is a handicraft retailer that works with wicker weavers, specifically pregnant women in poor farming communities...
Northstar Foundation invests in women, health and arts via Du’Anyam
- Philanthropy's investment will help protect pregnant women from strenuous filed labor...
SEAF backs maternal and infant care center in Vietnam
- Impact goal: Phuong Chau hospital, a 250-bed obstetrics and gynecology facility in the Mekong Delta city of Can Tho, will expand to a nearby community...