GREEN INCLUSIVE FINANCE EXPERT GROUP

Mankind’s footprint is exhausting the world’s natural resources and we cannot close our eyes to the effects of climate change. NpM and its members promote responsible investments that take the environmental footprint as a central focus, alongside the positive social and economic impact in emerging economies. The Green Inclusive Finance (GIF) expert group focuses on ‘greening’ the inclusive finance sector. The partners stimulate environmentally sustainable investments and aim to increase the development of financial products and services that focus on climate mitigation, climate adaptation and increased biodiversity.

DEFINITION OF GREEN INCLUSIVE FINANCE
AS ADOPTED BY THE GIF EXPERT GROUP

Green Inclusive Finance comprises financial services for the ultimate benefit of low income people and communities, through such channels as Financial Intermediaries (FIs), Micro, Small and Medium Enterprises (MSMEs), cooperatives etc., in developing countries and emerging economies (or such subsets of the population within other countries), resulting in environmental benefits, while meeting societal needs and stimulating sustainable economic growth.

GREEN INCLUSIVE FINANCE PARTNERS

Triple Jump
NpM | Platform for Inclusive Finance
NpM | Platform for Inclusive Finance
NpM | Platform for Inclusive Finance
NpM | Platform for Inclusive Finance

LETTER OF INTENT

In 2015, NpM presented a Letter of Intent to the Dutch Ministry of Foreign Affairs, signed by all our members. The letter includes:

‘’Each of the members of NpM, Platform for Inclusive Finance supports the joint efforts of greening the Inclusive Finance sector and commits to including greening the inclusive finance activities in its policy and practice. The members believe that by doing so, the inclusive finance activities contribute to economic development as well as reduction of carbon emissions, climate smart adaptation, and protection of biodiversity while strengthening local entrepreneurship and local communities. NpM members support (inter)national development organisations and financial institutions that contribute to greening the Inclusive Finance sector, to develop business cases, successful partnerships, guidelines and indicators, directly and through their joint activities orchestrated by NpM.’’ 

Off-grid Energy

The GIF expert group is currently exploring how to promote off-grid and mini-grid solutions. Understanding the whole ecosystem, its value chain, and the kind of instruments needed (e.g. soft money or venture capital) is crucial to responsibly invest in this sector through financial intermediaries.

© Banner Photo Credit: Axel Fassio | CIFOR

GREEN INCLUSIVE FINANCE REPORTS

2019

Case Study on Solar Home Systems: upOwa

Read more

 

Case Study on Solar Home Systems: PEG Africa

Read more

 

Case Study on Solar Home Systems: M-KOPA Solar

Read more

 

Case Study on Agri Services: Babban Gona

Read more

 

Case Study on Vehicle Loans and Services: Edpyme Acceso Crediticio

Read more

2016

Greening Financial Inclusion

Read more

This assessment of the status of greening inclusive finance across the members of the Dutch Platform for Inclusive Finance (NpM) has been undertaken by Enclude in order to determine which next steps should follow the 2015 signing of the Letter of Intent. The Letter was presented to the Ministry of Foreign Affairs, detailing the shared intentions of the NpM members to make policies and practices more green.

In a final workshop (14 September 2016) in which the draft findings of this survey were presented to the NpM members, it was agreed to ask NpM’s coordination and facilitation of the following next steps:

1. The definition of Green Inclusive Finance.
2. Risk return perspective vs. opportunities.
3. Case development: seen from triple value creation.
4. The role of technology.
5. More aligned indicators.
6. Regulations.
7. Awareness raising and needs identification.

2015

Green Inclusive Finance: Status, Trends and Opportunities!

Read more

At the NpM annual conference organised with FMO and Hivos, Green Inclusive Finance was the topic. NpM asked Enclude to carry out a short research on the current status of the green inclusive finance sector. The inclusive finance sector traditionally focuses on creating social impact in developing countries by enabling access to financial services. Besides social impact, the sector increasingly attaches value to creating environmental impact as well. At this stage, the emphasis is put on assessing how also environment-conscious aspects can become a fixed focus or even determinant in investment decisions.

A more elaborated overview is included in the short research realised by Enclude which addresses the current status, trends and opportunities in the green inclusive finance sector.

GREEN INCLUSIVE FINANCE CONFERENCE

scroll to top