Belize Credit Union League Partners With the IDB Lab and Global Affairs Canada to Pilot Green Microfinance Project

The Belize Credit Union League Ltd. (BCUL) has signed a project with the Inter-American Development Bank Lab (IDB Lab – formerly the Multilateral Investment Fund) to boost climate resilience of farmers and fisher-folk through green microfinance in Belize. 

Under the Caribbean EcoMicro Program, BCUL and three of its credit union affiliates – St. Francis Xavier Credit Union, Saint Martin’s Credit Union and Toledo Teachers Credit Union – will receive technical assistance to design and pilot adaptation finance that will increase access to climate smart technologies, products and services by farmers and fisher-folk in the northern, western and southern regions of Belize. Over the next four years, $850,000 in green financing will be placed in the market by BCUL and the three participating credit unions.