Decarbonization of Textile Apparel and Footwear Suppliers Fund

pending

D-TAFS is a global structured debt initiative targeting 250 million, scalable to 400 million, to finance energy efficiency, renewable energy, water conservation, and pollution reduction projects in the textile, apparel, and footwear supply chain, particularly in emerging markets across South/Southeast Asia, Africa, MENA, and Latin America. Conceived by IFC and managed by SIMA, the Fund aims to bridge the financing gap for SMEs and is expected to support around 60-80 borrowers, generating jobs, environmental benefits, and climate resilience. It will have two sub-funds: Direct Investments to TAF Suppliers (50–70% of total size) and Energy Provider Investments to TAF customers (30–50%), each with four tranches: Super Senior, Senior, Junior, and Catalytic. Key investors for the first close in May 2026 include IFC, BII, FMO, Proparco, Metlife, Inditex, GEF, and the Apparel Impact Institute, with structured subordination to support risk allocation.