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Climate (Micro) Finance - Finding Green Investments at the Base of the Pyramid

Jason Loughnane MicroVest

Emerging Market Microfinance Institutions have received outsized interest from Impact Investors with a Gender Lens or a focus on Financial Inclusion. However, Impact Investors with a Climate Finance lens struggle to place investments in microfinance institutions, especially those operating with a group-guarantee or Grameen-style lending model. Climate financing is easier to place in mid-sized banks that have a better defined climate portfolio in small businesses, electric vehicles, or in project finance.

How can impact investors place climate capital with microfinance institutions serving low-income individuals? What can microfinance institutions do to demonstrate their “green” bona fides? This workshop will bring together investors and managers from microfinance institutions to explore the tension between requiring loans to be spent to purchase “green” assets and allowing borrowers to spend loan proceeds on whatever they see fit.

Track

Deploying Climate Capital

Format

Workshop (Up to 3 Facilitators/Instructors)

Speakers

  • NameJason Loughnane
  • TitleFund Manager, Climate Solutions Fund
  • OrganizationMicroVest Capital Management
  • NameCasey Verbeck
  • TitleManaging Director of Impact Investing
  • OrganizationDAI Capital

Description

Emerging Market Microfinance Institutions have received outsized interest from Impact Investors with a Gender Lens or a focus on Financial Inclusion. However, Impact Investors with a Climate Finance lens struggle to place investments in microfinance institutions, especially those operating with a group-guarantee or Grameen-style lending model. Climate financing is easier to place in mid-sized banks that have a better defined climate portfolio in small businesses, electric vehicles, or in project finance.

How can impact investors place climate capital with microfinance institutions serving low-income individuals? What can microfinance institutions do to demonstrate their “green” bona fides? This workshop will bring together investors and managers from microfinance institutions to explore the tension between requiring loans to be spent to purchase “green” assets and allowing borrowers to spend loan proceeds on whatever they see fit.

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