Highlighting the pursuit of financial inclusion for environmental sustainability
Green Microfinance is the application of microfinance to promote not only financial inclusion and social empowerment, but also environmental sustainability. Environmental protection is a critical issue for people living in poverty as they are often the hardest hit by climate change, sea level rising, and severe weather. Green microfinance attempts to incorporate a third bottom line while maintaining positive financial and social performance.
In this Gateway Guide we’ll take a look at recent literature examining how to make green microfinance work for people, profits, and the planet.
Various tools have been developed to assess an organization's performance against a specific mission such as environmental sustainability, including SPI4.