In the News
30 MAY 2023
Mekong Strategic Capital successfully completes US Government’s flagship climate finance program for South East Asia
USAID Green Invest Asia, for which Mekong Strategic Capital was the sole mandated finance and investment advisor, held its close out event in Bangkok on Friday 19 May 2023.
Mekong Strategic Capital worked exclusively as the finance and investment advisor and exceeded the targeted results on this innovative climate finance landscapes program across Cambodia, Indonesia, Laos, Philippines, Thailand and Vietnam.
In the space of six years the project:
Leveraged the US Government’s investment 20x
Structured, arranged and closed USD 446M of investment into various sustainable landscape businesses
Achieved 156M tons greenhouse gas emissions reduction through this financing
Supported the conversion of 1.7M hectares to more sustainable use, by working with corporates, as well as small holder farmer groups.
Mekong Strategic Capital Managing Partner John McGinley said: “Channeling capital towards nature-based investment opportunities, which scale the transition towards more sustainable landscape practices in Asia is absolutely critical if we are going to meaningfully address climate change impacts and build a more climate-resilient future for our planet and our communities.
“With agriculture and forestry practices the main driver of emissions in Asia, the finance and investment sectors have both a proven commercial opportunity and an ongoing obligation to use their position as capital providers to influence positive change.
“Mekong Strategic Capital was privileged to act as the exclusive financial investment advisors over the life of USAID Green Invest Asia and it was our honor do so. We proved that strong commercial opportunities exist that can also drive and deliver positive climate impacts across Asia.
“Many lessons have been learned along the way, and we are happy to share those with anyone at all who is also committed to achieving positive climate outcomes.”