IFC and the Central Bank of Madagascar today announced a partnership to strengthen the country's public credit registry to improve credit reporting and increase access to finance for individuals and small businesses.

The overall program objective is to increase the productivity of the participating actors in the agricultural value chains particularly affected by climate change.

A new agreement between IFC and the Mongolian Bankers Association will help improve access to funding for 200,000 micro, small and medium enterprises cumulatively over the next five years by developing a vibrant market for value chain finance in Mongolia.

The initiative aims to develop green financing, as well as improving access to financial products and services for the country’s micro, small and medium enterprises.