FINCA was among the prominent attendees at the 3-day Green Finance Academy Workshop, organized by the Women Entrepreneurial Access Center (WEAC) and Adelphi. The event commenced on October 10th, 2023, at Radisson Blu Hotel in Lusaka. This unique workshop was specifically designed to help financial institutions understand the intricacies of the Green Business Model and distinguish between green, climate, and biodiversity finance.
The Green Finance Academy Workshop was an interactive and immersive experience that provided valuable insights into the social and economic impacts of Green SMEs. It served as a dynamic platform where financial institutions, including FINCA, delved into the world of sustainable financing, and developed a deeper understanding of its implications.
Throughout the three days, participants engaged in lively discussions, explored case studies, and learned from experts in the field. The workshop aimed to empower financial institutions to foster a sustainable future and support businesses that are environmentally responsible. This aligns with FINCA’s commitment to promoting economic development and financial inclusion while nurturing a sustainable environment.
One of the highlights of the workshop was the opportunity for selected SMEs to provide valuable feedback and share the challenges they face in accessing Green Finance Solutions in their respective areas. This open dialogue was instrumental in understanding the real-life struggles encountered by these businesses, providing valuable insights for financial institutions to tailor their services to meet the unique needs of Green SMEs.
The workshop’s holistic approach not only enriched the knowledge of financial institutions but also nurtured a sense of responsibility towards a greener, more sustainable future. The deeper understanding gained at the Green Finance Academy will undoubtedly guide financial institutions, like FINCA, in designing innovative financial solutions that promote sustainable practices and, in turn, contribute to global efforts for a greener, healthier planet.