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The CFKH is a one-stop shop designed to give financial institutions (FIs) and climate-smart businesses the technical know-how, training, and certification required to simplify the access to financing for climate-smart innovations. Its three primary components are the online directory, the e-learning platform, and the easing of access to climate funds.

What necessitated this initiative/concept?
it was established that International and national public institutions, donors, banks and investors are already channeling significant resources into climate finance, but challenges persist with increasing financial flows to climate-smart solutions in the private sector due to the following barriers:
- Banks and SDIs lack the capabilities to identify & appraise the value chain to provide targeted financing
- Lack of a digital system to facilitate the collection of data required for the assessment & appraisal of climate-resilient enterprises
- Lack of an established framework for risk-indexing and assessment of green enterprises
- Lack the capacity to raise commercial climate finance
What are the immediate and long-term objectives or vision of this initiative/concept?
The immediate and long-term objective of the initiative is to build Capacity of climate-smart financing for Micro-finance Institutions (MFIs) through…
- Training MFIs and SMES on Green business valuation, value chain appraisal and business risk assessment.
- Providing institutional certification for tested climate-smart business models and trained MFIs.
- Building digital platform that provides database on certified green finance institutions and climate enterprises.
- Identifying and raising funding for green businesses
Who are the target users? Of what benefit is this initiative/concept to them?
Who

The targeted users of the platforms will include the microfinance institutions (MFIs) and the micro small and medium scale enterprises (MSMEs) and individuals interested in acquiring knowledge in climate finance.

Benefits

Generally, every user will access climate finance knowledge including financial instruments and explore green business opportunities.

Specifically, a financial institution joining the CFKH:
- Joins the global network of climate financiers
- Has access to a list of climate-smart enterprises and climate-related businesses
- Has endless opportunity to build the capacity of your staff and clients
- Will be positioning the institution to attract climate-related funding
- Will be complying with the tenets of sustainable banking
- Will be joining hands with other institutions to save the planet
- FIs will be able to raise cheaper funds
- Ease of access to both local and international FIs
MSMEs
- Empower communities and disadvantaged groups
- Promote climate change mitigation and adaptation
- Create jobs and stimulate local economy
- Drive innovation and create synergies
- Has endless opportunity to build the capacity of your staff and clients
- Will be positioning the institution to attract climate-related funding
- Will be joining hands with other institutions to save the planet
What do they stand to gain from climatefinance.org?
There’s no better time to learn and join the climate mitigation and adaption processes than now because every business is affected by climate change so the earlier, we all join hands to protect the environment the better it will be for us.

Also, in every management process there will be winners and losers and so it will be more beneficial for the MSMEs and the FIs to join the climate finance activities to reposition their business.

It is also clear that no one person has the answer to protecting our environment so the more business units and individuals we have joining the climate action the better for everyone.

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