United Nations Environment Programme (UNEP)
$4,800,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Indonesia
- Fiscal year
- 2020-2021
- Agreement period
- March 15, 2021 – December 31, 2025
- Reference
- CA-3-P007341001
Published purpose
This project contributes to strengthening participants' knowledge and capacities to develop innovative financing mechanisms, including foster a network in innovative financing in the country/region. The Tropical Landscape Financing Facility (TLFF) is an informal partnership that facilitates private sector participation in sustainable landscape activities. This public-private partnership institution brings together like-minded entities that inspire, inform, and enable new business models to help Indonesia deliver its national development objectives - National Action Plan for Green House Gas emission reductions and National Determined Contributions. The TLFF aims to facilitate medium and long tenor debt finance at scale to companies working in renewable energy and sustainable agriculture. The objectives include forest retention, improved rural livelihoods, peatland restoration and rehabilitation, sustainable supply chains, clean energy, reduced emissions, biodiversity protection, and pollution reduction. Canada’s support helps the TLFF Grant Fund window to disburse conventional grants to potential applicants, which helps them become bankable and facilitates the mobilization of investment capital. This project furthers the objectives of the Feminist International Assistance Policy and Canada’s feminist approach to climate finance by demonstrating the business case for investments at the nexus of gender and climate change and building a market for gender-responsive climate projects.
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