Adaptation
Building resilience
to climate change
 
Mitigation
Moving towards
low carbon societies
 
REDD+
Reducing Emissions
from Deforestation
and forest Degradation
Finance
New finance models
for the green economy
 
 
 

Project Phasing

The project is organised into four phases, including a setup phase, an initial operating phase, an expansion phase, and an outreach phase. The operating, expansion and outreach phases will operate mostly in parallel during the 3½ year project.

Setup

Phase I finalised and formalised the structure of the loan programmes, including the SHS financing terms that the banks will offer to customers, the structure of the interest rate buy-down to be provided through UNEP, the process used to qualify vendors, and the awareness raising activities that will support lending activities in each bank.

Operating

Phase II is initiating the credit facilities across Canara and Syndicate banks, and initiating the related awareness raising activities needed to build a customer base for these loan programmes.

Expansion

Phase III will extend the credit facilities to the rural regional banks supported by Syndicate and Canara and will work with local organisations and Self-Help Groups to develop focused activities that channel SHS financing to poorer customers or small rural enterprises.

Outreach

Phase IV will focus on sharing lessons learned, disseminating the approach and outputs from the project.