Regional: Investment in New Forests Tropical Asia Forest Fund 2 L.P.

Nonsovereign Project | 55282-001

The fund plans to invest primarily in high-quality forestry assets for a variety of end markets, including timber, rubber, bioenergy, and environmental products. The fund seeks to develop a portfolio of sustainably managed commercial forest plantation assets primarily in the Asia Pacific region

Project Details

  • Project Officer
    Torchiva, Kervin John S.
    Private Sector Operations Department
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Finance
Project Name Investment in New Forests Tropical Asia Forest Fund 2 L.P.
Project Number 55282-001
Borrower / Company New Forests Tropical Asia Forest Fund 2
Country / Economy Regional
Cambodia
Indonesia
Lao People's Democratic Republic
Malaysia
Solomon Islands
Thailand
Viet Nam
Location Cambodia - Nation-wide; Indonesia - Nation-wide; Lao People's Democratic Republic - Nation-wide; Malaysia - Nation-wide; Solomon Islands - Nation-wide; Thailand - Nation-wide; Viet Nam - Nation-wide
Type or Modality of Assistance
Equity Australian Climate Finance Partnership USD 10.00 million Approved
Equity Ordinary capital resources USD 5.00 million Approved
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Finance / Infrastructure finance and investment funds

Gender Equity and Mainstreaming Effective gender mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Private Sector Investment Funds & Special Initiatives Div
Responsible ADB Officer Torchiva, Kervin John S.
Project Sponsor(s)
Description The fund plans to invest primarily in high-quality forestry assets for a variety of end markets, including timber, rubber, bioenergy, and environmental products. The fund seeks to develop a portfolio of sustainably managed commercial forest plantation assets primarily in the Asia Pacific region
Objectives and Scope
Linkage to Country/Regional Strategy
Safeguard Categories
Environment FI
Involuntary Resettlement FI
Indigenous Peoples FI
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance 08 Nov 2021
Credit Committee Meeting 08 Nov 2021
Approval 19 Jan 2022
Last PDS Update 19 Jan 2022

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Related Publications

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