Microfinance Solutions for Climate Change Adaptation
Background
Climate change impacts are having an increasing impact on Colombian agricultural producers by hurting their productivity. The Inter-American Investment Corporation has partnered with Bancamia, to develop ecosystem-based adaptation credit products in order to help producers invest in adaptation measures. Bancamia is a Colombian microfinance institution with a large agricultural portfolio, positioning them to be an important intermediary to reach Colombia’s small and medium producers. The project consortium had the objective to develop Bancamia’s adaptation credit products by understanding demand for adaptation loans, analyzing the costs and benefits of the adaptation measures, and training Bancamia’s management and credit officers on adaptaiton measures.
Our contribution
- Identify two to four priority adaptation investment types.
- Conduct cash flow and cost-benefit analysis for investments.
- Develop strategic alliances for Bancamia.
- Train Bancamia senior staff and credit officers on adaptation investment types.
Related projects
Explore projects related to this one.
- Related topic Climate Smart Agriculture Market Study in Orinoquia Region IFC · Colombia · 2021 Climate smart agriculture (CSA) represents a great opportunity to profitably improve the sustainability of agriculture. View project
- Related topic Climate Smart Agriculture Market Studies Africa IFC · Various – Africa · 2020–2021 Climate smart agriculture (CSA) represents a great opportunity to profitably improve the sustainability of agriculture. View project
- Related topic Feasibility Study for the Green Climate Fund Project PROEZA FAO · Paraguay · 2016 The FAO and the World Bank Group through the Green Climate Fund have been supporting Paraguay in achieving the United Nations Development Goals by … View project
- Related topic Green Credit Financing for Financial Institutions CAF · Worldwide · 2017–2019 Climate change poses a risk to investments in agriculture and other sectors. View project