This publication is part of the CleanStart agenda to improve understanding and awareness of the potential of microfinance to stimulate the adoption of sustainable clean energy while drawing attention to the knowledge and skills needed to add clean energy financing to lending portfolios.
The purpose of this publication is to provide a methodological guide to expanding access to clean energy for poor people and micro-entrepreneurs through microfinance and strengthened energy value chains. This guide is intended to support consultation processes that the UN Capital Development Fund (UNC DF) and the United Nations Development Programme (UN DP)/Global Environment Facility (GEF ) are undertaking in CleanStart countries. It may also serve as a useful tool for broader consultations by others seeking to advance the Rio+20 commitments on energy.
The world's getting hotter, the sea's rising and there's increasing evidence neither are naturally occurring phenomena.
So says a report from the U.N. International Panel on Climate Change, a document released every six years that is considered the benchmark on the topic. More than 800 authors and 50 editors from dozens of countries took part in its creation.
- Man-made climate change is almost certain
- Climate change is already affecting extreme weather
- The last 30-year period is "very likely" the warmest in the last 800 years
- Sea level rise will increase due to warming oceans and loss of ice
- Even if we end emission tomorrow, climate change could continue for centuries
Why the IPCC Report Matters..the most scrutinised document in the history of science it. tiny.cc/htm23w
GreenMicrofinance has been advocating for "Triple Bottom Line Investments" since 2004. Today we see the importance of agriculture, biofuels, and clean energy as all having potential for "impact investing".
Please see our publications on our on-line library.
The following article may be of interest.
The latest trend in financing boasts a double or triple bottom line: returns, plus a solution to social or environmental problems.
“Impact investing” is the new buzzword in social development, an unlikely marriage between old-fashioned philanthropy and venture capitalism. The investment model, which considers the social and environmental benefits of a business venture on equal terms with its capacity to deliver return on investment, is being hailed as a way to direct more capital to solving problems in impoverished and marginalized communities.
Link to Article at Smart Planet
Photo: Flickr/David Flores
Posted by: Elizabeth Israel
Tagged in: Water and Waste Management
, Green Microfinance
, Food Security
, Environmental Sustainability
, Cook Stoves
, Climate Change
, Carbon Offsets
We at GreenMicrofinance™ (GMf™) have been promoting environmentally sustainable microfinance since 2002.
GMf is a pioneer advocate for the accommodation of sustainable environmental practices within the financial sector, which distinctly involves micro, small and medium enterprises.
Zimbabwe: Microfinance Goes Green
It is wonderful to read the Zimbabwe Association of Microfinance Institutions are hosting the Green Microfinance Conference 2013.
The vast continent has 60% of the world’s uncultivated arable land, most of it unfarmed. The land already under cultivation, mostly by small farmers, could produce far more. Crop yields in Africa are between one-third and one-half of the global average. The quality of soil is often poor, because of overfarming, but that could be fixed by fertilisers. With the right know-how and inputs, Africa’s farmers could double productivity.
Read entire article...Economist
Many see microfinance as a solution to poverty. It may be a powerful tool, but what can it do to finally build the sustainable economy we desperately need?
Of what use will microfinance be if it contributes to the environmental degradation that aggravates inequality and poverty?
There is no shortage of policies that govern the environment and policies that regulate the microfinance sector. Many microfinance institutions have their own internal environmental policies. Voluntary policies are nice, but there is a lack of action on the part of government to impose sustainable practices in the microfinance sector, but, it isn’t for a lack of ideas for such policies.
Read Entire Article:
Thank you for the mention of GreenMicrofinance in the article, Mariana Gerard, Charles Ojei, Windhi Trianugrayati, Jacquelyn Pinckney, Sovanlyna Phin, and Samuel Benoit. The authors are Master of Social Entrepreneurship candidates at Hult International Business School. http://www.hult.edu/
"A 2006 roundtable convened by the Wharton Environmental Management Program and Green Microfinance concluded that while microfinance institutions (MFIs) can do much, they cannot do it all by themselves. They concluded that governments need to provide an infrastructure in which sustainable activities have market value."
Excerpted from This is Africa. Download the full report.
Whether it is traditional bank lending or private equity, and from major agribusiness to microfinance, one theme stands out — a change in mindset is needed, in which African agriculture is seen as a business opportunity, not a charity sector.
“What we have seen is a shift towards agricultural development as an engine of economic growth so that agriculture can provide the resources for other sectors as well – for education, for health, for overall advancement,” says Gary Toenniessen at The Rockefeller Foundation. “And that requires private sector involvement to a much greater degree. If all you are trying to do is provide food relief, then that goes through governments and UN agencies. But if you really want economic growth then you need a private sector that is working across the agricultural value chain.”
Posted by: Elizabeth Israel
Tagged in: Untagged
FAO The State of Food and Agriculture
As the world debates the Post-2015 Development Agenda, we must strive for nothing less than the eradication of hunger, food insecurity and malnutrition. The social and economic costs of malnutrition are unconscionably high, amounting to perhaps $US3.5 trillion per year or $US500 per person globally. Maternal and child malnutrition still impose a larger burden than overweight and obesity, although the latter is increasing even in developing regions. The challenge for the global community, therefore, is to continue fighting hunger and undernutrition while preventing or reversing the emergence of obesity.
This edition of The State of Food and Agriculture: Food systems for better nutrition makes the case that good nutrition begins with food and agriculture.
Center for Green Excellence™
GreenMicrofinance Center (GMfC™) is our legally registered 501(c)(3) non-profit organization. Under this umbrella we have created the Center for Green Excellence. Our mission remains the same.
Our mission is to address climate change and environmental justice by providing education and sharing knowledge on microfinance and environment - The Missing Bottom Line.
May we, like this beautiful bamboo structure by Architect Simon Velez, not sway or collapse, but continue on with steel-like strength. May we together address climate change with speed and sequester carbon, restore our land, and create beauty from the gifts of the earth. Like the woven reeds, all of us our intertwined. May we strive for excellence on this earth.
We cannot tire or give up. We owe it to the present and future generations of all species to rise up and walk!”
Wangari Maathai (1940-2011)
Kenyan Environmentalist and Nobel Laureate
Wangari Maathai. Courtesy of the Green Belt Movement
Wangari Maathai is best known for founding the Green Belt Movement in Kenya in 1977. The initiative empowered rural women by getting them engaged in management and protection of forests. Over the past three decades, the Green Belt Movement has planted tens of millions of trees across Kenya and trained thousands of women in agroforestry, bee-keeping, and other sustainable livelihoods. For her efforts, in 2004 Maathai became the first African woman to win the Nobel Peace Prize. The award further boosted her status as one of the most prominent voices in the increasingly global movement to involve local communities in the management and conservation of forests.
Read Entire Article...Courtesy of www.mongabay.com
September 26, 2011
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