SEA Deal Ticker
Smallholder agriculture is where climate capital rarely reaches: ADM Capital closes a $48M Indonesia fund
The Asia Climate-smart Landscapes Fund lends to underbanked SMEs across Indonesian agriculture, forestry and aquaculture supply chains, backed by $8 million from Australian Development Investments and a 50% asset-level guarantee from the US DFC.
Positive-sum angle: Carried interest is tied to environmental and social targets, so the manager earns the upside only if the land outcomes hold. Other SEA blended-finance vehicles can copy the structure.