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Symbiotics Launches First 100% Agricultural Green Bond in India with Samunnati

Symbiotics has arranged with Samunnati Financial Intermediation & Services Private Limited (“Samunnati”) its first Green Bond whereby the proceeds of $4.6 million in local currency equivalent are fully allocated towards climate smart agriculture.

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Symbiotics Launches the First Sustainability Bond in Georgia With MFO Crystal for $5 M

The proceeds of the Sustainability Bond will be used to finance both Social and Green eligible loans. The Social loans will be granted towards microenterprises and SMEs, stimulating the generation of employment in the country.

News

Discover the European Microfinance Week 2020 Conference Report

Delve into the extensive summaries plus full recording of the EMW2020 sessions covering key topics such as the impact of & response to COVID-19, effective & inclusive savings, digital finance, climate change, client protection and more.

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UNCDF Is Boosting Financial Inclusion and Job Creation in Ghana Through Green Innovation Challenge

Applicants can be based anywhere globally, however solutions must focus on youth, women, returning migrants or MSMES in Ashanti and Western regions of Ghana.

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New IFC Initiative Helps Banks in Mexico, Philippines, South Africa, Egypt Scale Climate Finance

The program is designed to increase climate lending by participating banks in Egypt, Mexico, the Philippines, and South Africa to 30 percent of their portfolios by 2030.

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Funding for Research on Access to Energy, WASH, and Food Security for MFIs and Suppliers

The project will entail market studies with rural households in Latin America, Southeast Asia, and Africa, to investigate the nexus between energy access, access to WASH, and food security.

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IFC and IDB Invest Share System to Help Latin American Financial Institutions Measure Climate Impact

The new agreement allows two of the leading multilateral development banks with focus on the private sector to offer Climate Assessment for Financial Institutions tool to a larger number of financial institutions.

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IFC, Aavas Financiers to Help Catalyze Affordable Green Housing Finance for Low-Income Borrowers in India

An endeavor to address a critical gap in affordable green housing in India will benefit scores of low-income borrowers, including women.