The e-MFP Green Inclusive & Climate Smart Finance Action Group brings together microfinance practitioners to discuss and exchange experiences in dealing with environmental issues and to create new practical tools to advance environmental microfinance. The Action Group is also intended to act as a think tank that disseminates its results among e-MFP members and the microfinance sector at large with a view to increasing the awareness of and commitment to act on these issues. It is meant both as an internal knowledge-sharing and external awareness-raising platform that serves as a reference in the microfinance sector.


The objectives of the Action Group are to contribute to:

  • Discuss current challenges related to microfinance and environment and ways to overcome them
  • Improve knowledge and action of microfinance actors in environmental issues
  • Enhance cooperation among environmental microfinance actors, share experiences, create synergies and develop partnerships where possible
  • Increase international attention for, and (political and financial) dedication to environmental microfinance
  • Publicize and disseminate its findings in writing to other e-MFP members and the microfinance sector at large
  • Thereby enhancing the interest and concrete commitment of all actors (MFIs, investors...) in this field.

Action Group Heads

Davide Forcella, CERMi-ULB
Dr.-Ing. Natalia Realpe Carrillo, Hedera


Joana Afonso

Action Group webinars

Financing Off-Grid Solar Energy Access: Hypotheses on COVID-19 Long Term Impacts, December 2020

Action Group trainings & workshops

Workshop on the Green Index, November 2018

Workshop on Climate/Data smart finance and energy finance, November 2018

Climate smart agriculture and climate smart lending, November 2017

The opportunity of clean, resilient business: training on green inclusive finance for MFIs, October 2017

Training on green inclusive finance for donors and investors, September 2017

First green training European Microfinance Week 2015: Environmental management and MFIs, November 2015

Action Group publications

The Green Index 2.0: An innovative tool to assess environmental performance in the microfinance sector, October 2016

Assessing Green Microfinance: Qualitative and quantitative indicators for measuring environmental performance, November 2015

The Green Index: an innovative tool to assess the environmental performance of MFIs, October 2014

Environment Fact Sheets/products catalogue

Introduction: Poor households are among the most vulnerable to environmental risks and climate change. The energy they use for their productive activities and for their daily needs is expensive, unreliable, polluting, and sometimes dangerous for their health and assets. Energy companies and financial institutions have the opportunity to participate to off-set this situation and support reliable, cheaper and environmentally friendly energy access to poor households and microentrepreneurs thanks to the provision of renewable energy (RE) and energy efficiency (EE) devices. Indeed the upfront cost of such technologies, the lack of well suited providers and low awareness, undermine the diffusion and use of RE and EE devices. The proximity of micro finance institutions (MFIs) to their clients and their expertise in credit provision could give them a comparative advantage. Other financial institution and energy companies could also decide to target poor families or microenterprises. RE and EE devices for poor households are moreover an occasion for products and portfolio diversification, and the development of a new market for financial and energy institutions. This set of catalogues aims to contribute to support an enabling environment for RE and EE access for poor households and microentrepreneurs and overcome some of the main barriers related to lack of adapted technical understanding, financial mechanisms, and distribution channels - Read more

2015 product catalogues:

2014 product catalogues: