Capacity Building for MFIs in Ethiopia and Nepal with Focus on Climate Finance
Ethiopia and Nepal are among those regions where the effects of climate change are severe and increasingly noticeable, for example by flooding and/or droughts. About 80% of the population in both countries live in rural areas and are dependent on the agriculture sector for survival. They also tend to have no, or limited, access to clean, reliable and affordable forms of energy, which is hindering economic and social development.
The objective of the project was to provide training and advice to microfinance institutions (MFIs) in Ethiopia and Nepal and assist them in their attempt of improving their sustainability of MFIs by providing finance for renewable energy solutions, measures to adapt to climate change, but also bankable projects that complement mitigation and adaptation measures. Measures should help MFI clients to improve or increase income generating opportunities.