With Advisory Programmes funds OeEB finances training activities regarding the financing of climate projects in microfinance institutions in Nepal and Ethiopia.
Climate change is particularly noticeable in Nepal and Ethiopia. Rising temperatures and irregular rainfall cause floods on the one hand and droughts on the other hand. As agricultural yields decrease, rural communities are the ones most affected.
These challenges can be met by implementing adaptation and mitigation measures, such as bio-fertilisers produced in biogas plants or solar-powered generators for irrigation systems. However, farmers often need financing for implementing these measures.
Microfinance institutions (MFI) show interest in offering these financial products. However, there is often a lack of the necessary know how. Within the OeEB project, training activities are implemented for employees and customers of two MFI each in Nepal in Ethiopia. Importance is placed on activities that create additional income opportunities for customers.