Green Performance Agenda Toolkit for HIVOS
Helping MFIs address environmental risks and explore “green” market opportunities
Hivos is an international development organisation. Its Green Entrepreneurship programme supports rural entrepreneurs - in particular small-scale producers, poor women, and small and medium enterprises - as key agents in solving rural poverty, climate change, environmental degradation and food insecurity. Hivos also focuses on building microfinance institutions' capacity to provide greater financial services to these entrepreneurs.
To provide senior managers within MFIs around the world with a tool to assess the level of environmental management within their institutions, set goals and plan for improvement.
Hivos now offers the Green Performance Agenda (GPA) Toolkit, an interactive, digital toolkit that provides MFIs with a methodology for incorporating environmental risk management into their business models, including assessing their current state, establishing appropriate goals and implementation plans.
SOCIAL & ENVIRONMENTAL OUTCOMES:
MFIs have a very practical way to professionally integrate environmental risk management into their operations. They also have a recommended approach for entering new business opportunities in renewable energy, energy efficiency, water, sanitation, waste management and other green sectors.
Assessed MFIs’ current practices to understand their needs to address environmental issues and how to integrate environmental management into core operations.
Created the toolkit framework in consultation with researchers, field practitioners and MFIs. The toolkit was developed as an interactive, electronic toolkit with applicability for a variety of MFIs, even in remote areas where internet connectivity is not available.
Piloted the toolkit within MFIs in Peru, Indonesia and Angola.
Presented the final version to practitioners during the Social Performance Task Force Annual Meeting in Panama in June, 2013.
Environmental management for microfinance institutions is increasingly important as MFIs realise how much their financial sustainability depends upon the natural environment in which their clients are operating. This is especially evident in remote areas where public infrastructure is non-existent or where their clients’ businesses are dependent upon natural resources; in these cases, MFI directors are increasingly eager to address environmental issues in a professional and systematic way.