Press Release: &Green Fund Makes Catalytic Investment in Natural Rubber Company in Indonesia through TLFF
The &Green Fund, a blended finance impact investment fund focused on forest protection and tropical forest commodities today announced that it is investing 23.75 million US dollars in sustainable, deforestation-free rubber production in Indonesia. The investment will fund PT Royal Lestari Utama (RLU), an Indonesian joint venture of the French tire manufacturer Michelin and Indonesian Barito Pacific Group. &Green will make this investment through the purchase of notes issued by the Tropical Landscapes Finance Facility (TLFF).
Unilever and &Green
&Green is pleased to announce global consumer goods business Unilever (www.unilever.com) as a contributor. Unilever’s 25m USD contribution supports &Green’s efforts investing in inclusive palm oil businesses and protecting forests, and is part of Unilever’s focus on changing the way business is done and making sustainable living commonplace. (6 February 2018)
Unlocking Sustainable Finance
Animation by UN Environment Programme on unlocking sustainable landuse finance