PT Conservation Tourism Indonesia and PT Green Enterprises Indonesia were financed via a Green Impact Bond. Through the Green Impact Bond, investors acknowledge upfront that they are entering into a transaction where environmental impact is paramount.
Investors agree to forgo a percentage of bond interest in exchange for donations to landscape level conservation priorities. In the case of Mahi-Mahi resort this is an endangered sea turtle conservation programme implemented by Aceh Conservation Organisation HAkA. PT Green Enterprises Indonesia commits 15 percent of its profit to the Ecosystem Impact Foundation for support to conservation and building green enterprise in Indonesia.
The USD Green Impact Bonds were purchased by Angel Investors who are working on proof of concept for a Green Impact Bond at scale.