Development Finance and Sustainability

Climate change and its consequences present considerable challenges for development finance institutions and their clients. Microfinance as an instrument for poverty alleviation has evolved around a social mission, targeting the 'economically active poor'. Microfinance Institutions (MFIs) often operate in regions that are highly exposed to climate physical risks. Thus, MFI's clients not only have to deal with poverty in all its dimensions but are exposed to additional challenges resulting from ...