The Tropical Landscapes Finance Facility (TLFF) finances local projects and companies in Indonesia focused on green growth and sustainable rural livelihoods. Convergence awarded Design Funding to ADM Capital to build TLFF's initial finance structure and pipeline.
In 2018, TLFF completed its inaugural transaction, which is also Asia's first corporate sustainability bond: a landmark $95 million long-dated sustainability bond to finance sustainable natural rubber production in Indonesia. This case study focuses on its inception and design.
The full Case Study is available here.