Grow Asia Launches its Largest Public-Private Climate Fund to Leverage $1 Billion of Green Investment

Grow Asia, a leading multi-stakeholder platform focused on building resilient, and sustainable food systems has unveiled its largest impact fund, which includes a first-of-its-kind blended loan facility targeted at small, and medium-sized enterprises (SMEs).

Launched at this year’s Grow Asia Investment Forum in Singapore, the GrowBeyond Fund is designed to leverage up to US$ 1 billion of climate finance through a public-private blended financing model.

The new fund will unlock inclusive finance for small agri-businesses over the next 10 years, targeting the 70+ million SMEs in Southeast Asia that lie at the forefront of the climate crisis.

With the agri-food industry producing more than 20% of global greenhouse gas emissions, the fund will prioritise investments in climate-smart agriculture, regenerative practices, and innovative technologies, addressing the pressing climate challenges faced by farmers and rural communities in Southeast Asia.

Over the next ten years, the fund aims to support over 200,000 farmers in accessing suitable financial products and technical assistance. Through these investments, it is estimated that each farm will see an increase in productivity of between 20% and 30% and a corresponding reduction in greenhouse gas emissions by up to 30%.

Announcing the new fund, Beverley Postma, Executive Director, of Grow Asia said: “We are pleased to launch our most ambitious impact fund to date, reflecting our ongoing commitment to transforming Southeast Asia’s food systems and addressing climate challenges through public-private partnership.”

“By investing in resilient farming practices, we can empower farmers to make the transition they need to safeguard global food systems against the impacts of climate change.”