DB to promote Mekong Capital’s impact fund

Deutsche Bank is helping launch a new private equity climate fund backed by the Green Climate Fund.

The Mekong Earth Regeneration Fund aims to reduce approximately 8 million tons of emissions across the Lower Mekong region.  As an Accredited Entity of GCF, Deutsche Bank has facilitated a US$50 million investment by GCF in agribusinesses and value-chain companies that work directly with smallholder farmers, supporting the transition to lower-emission and climate-resilient practices. These include regenerative farming, agroforestry and sustainable aquaculture, with a focus on improving soil health, reducing chemical inputs and strengthening ecosystem resilience.

MERF is the dedicated impact initiative of Mekong Capital, a Vietnam-focused private equity firm specializing in growth capital investments.

Hemant Mandal, GCF regional director for Asia and the Pacific said, “This investment demonstrates the strategic power of GCF’s catalytic climate finance to crowd in much larger investment flows from public and private sector. With an ambitious target size, the project aims to support several companies in the agro-forestry sector, promoting sustainable land-use practices and low-emission development pathways in Lao People’s Democratic Republic and Viet Nam. The project reflects GCF’s commitment to adopt innovative finance solutions to deliver capital at scale for climate action.”

END