Summary
TLFF I Pte Ltd issued a USD95m sustainability bond as part of a larger USD350m project, a joint venture between Michelin and Barito Pacific Group. The proceeds are designated for a sustainable rubber plantation on 34,000ha of degraded land in Indonesia's Jambi and East Kalimantan provinces, with the remaining 54,000ha of the 88,000ha total area dedicated to conservation, aquaculture, land restoration, and smallholder plantations. The Climate Bonds Initiative notes that the project aligns with the Nature Based Assets category of the Climate Bonds Taxonomy due to its focus on sustainable agriculture, nature corridors for endangered species, and restoration of degraded land.
Key insights
- TLFF I Pte Ltd, a financing vehicle for the Tropical Landscapes Finance Facility, issued a USD95m sustainability bond as part of a USD350m project involving a joint venture between Michelin and Barito Pacific Group.
- The bond proceeds will fund a sustainable rubber plantation covering 34,000ha of degraded land in Indonesia's Jambi and East Kalimantan provinces, while the rest of the 88,000ha project area will be used for land restoration, conservation, aquaculture, and smallholder plantations of crops such as bamboo, cocoa, coconut, coffee, palm, and rubber.
Cite the original document
- APA
- Climate Bonds Initiative (2018). TLFF I Pte Ltd. https://www.climatebonds.net/files/drupal-files/files/2018-02%20ID%20TLFF%20I%20Pte%20Ltd.pdf
- Chicago
- Climate Bonds Initiative. TLFF I Pte Ltd. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-02%20ID%20TLFF%20I%20Pte%20Ltd.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=TLFF I Pte Ltd |date=23 February 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-02%20ID%20TLFF%20I%20Pte%20Ltd.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2018tlff, author = {{Climate Bonds Initiative}}, title = {{TLFF I Pte Ltd}}, institution = {Climate Bonds Initiative}, year = {2018}, month = feb, url = {https://www.climatebonds.net/files/drupal-files/files/2018-02%20ID%20TLFF%20I%20Pte%20Ltd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated