Evaluation and Support for Improving Inclusive Green Finance for MFIs – The Green Index

Wednesday, January 20, 2021

The e-MFP Green Inclusive & Climate Smart Finance Action Group (GICSF AG), convened by the European Microfinance Platform (e-MFP), was created in 2013 with the objective of raising awareness about the challenges related to inclusive finance and the environment, enhancing the knowledge and actions of inclusive finance actors in dealing with environmental issues, and facilitating cooperation among green inclusive finance actors. One of its main goals is to develop tools to measure the environmental performance of microfinance institutions (MFIs).

The Green Index (GI) tool was developed in 2014 to provide a means for the sector to measure the environmental performance of MFIs. It has been integrated into the Social Performance Indicators (SPI). The AG is currently leading a joint project between e-MFP/ GICSF AG and SPTF/CERISE to update the GI and create a seventh dimension (“Green dimension”) in the Universal Standards for Social Performance Management.

This webinar aims to guide participants on the tool, its axes of evaluation, the concepts of environmental performance reviewed to update the tool, and the introduction of a fifth dimension in an interactive modality. Participants will be invited to discuss the ways forward to assess environmental performance of MFIs.

This webinar is relevant for financial service providers, investors, academia and consultants.