Fidelity Bank Ltd.
This project will assess the potential for Fidelity Bank Ghana to develop green credits on the Ghanian market.
Amount
€ 25,075.00
Type of investment
Subsidy
Development impacts
- Promotion of ESG best practices
- Fight against climate change and preservation of natural resources
Beneficiary locations
Investment field
Financial Institutions
Activity
Commercial Bank
The objective is to study the green credit opportunities for Fidelity Bank by conducting a portfolio analysis as well as a market study in Ghana. The ultimate goal is to offer the SME segment financial products for sustainable solutions, such as: green commercial building loan, renewable energy credit, energy efficiency credit, etc.
Development impacts
-
Promotion of ESG best practices
Holistic approach of environmental management by an increased awareness of the risks in Fidelity’s portfolio and possible mitigants.
-
Fight against climate change and preservation of natural resources
Development of green products to mitigate the impact of climate change and environmental risk.
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