The Tropical Landscapes Finance Facility (“TLFF”) launched its first transaction on February 26th, a landmark USD95 million loan to an Indonesian JV between Michelin and Barito Pacific to help finance a sustainable rubber plantation in two heavily degraded landscapes.
The business of lending has been around for thousands of years, but has evolved in its application, and currently faces significant technological, regulatory and environmental challenges.
IFC and ADM Capital Launch New Platform to Advance Asian Emerging Markets, Turnaround SMEs and Save Jobs
IFC, a member of the World Bank Group, and ADM Capital, have launched a repeat lending platform to support sound, but financially stressed companies in Asia. The platform will act as a safety net allowing small and medium enterprises (SMEs) to grow in the absence of bank financing, subsequently saving jobs and securing livelihoods. The…