Closes in 1608 days Conservation and Biodiversity

Outcome-Based Bond Financing for Agricultural MSMEs & Invasive Plant Removal Project

Summary · 1 min read

FirstRand Bank is issuing an outcome-based bond worth up to R1.6 billion with an anchor investment from the IFC. The funds will go toward supporting small to medium agricultural businesses and funding an environmental project aimed at removing invasive alien plants. The clearing project targets key catchments (Wemmershoek, Steenbras, and Berg River) to restore water availability, with final financial returns linked to the project's ecological success.

Client: FIRSTRAND BANK LTD
Closing: 04 Apr 2031Multi-year (until April 2031) contract
Location: Western Cape
Published: 23 Aug 2026

Download tender documents

Do you qualify? 3 requirements found

Extracted from the tender documents by AI · check against the official notice

Adherence to IFC Environmental and Social Performance Standards
Mandatory
Demonstrated compliance with MSME agricultural lending frameworks
Mandatory
Environmental management capacity for catchment clearing and ecological monitoring
Mandatory

Documents you must submit

Project Disclosure Document
Environmental & Social Impact Framework
Outcome Measurement and Verification Methodology

Evaluation criteria

Yield and financial outcome measurements determined by the successful ecological removal of invasive vegetation and water availability restoration metrics.