ABOUT THE HUB

The Concept

The Climate Finance Knowledge Hub is designed as a one-stop shop that equips financial institutions (FIs) and climate-smart enterprises with technical know-how, certifications and training to ease access to finance for climate-smart innovation.

The platform provides published reading materials, news, articles, documentaries, and videos. In addition to access to information, FIs can register for climate finance training that will provide the required skills and competencies for FIs to design customized financial instruments to address specific needs of climate-smart MSMEs. These capacity development trainings will encompass three main areas: (1) Basic Level Certification, (2) Intermediate Level Certification and (3) Advance Level Certification.

The Climate Finance Knowledge Hub targets a wide range of local Ghanaian FIs interested in developing climate finance instruments and capacities in this field. These FIs include Universal Banks, Rural and Community Banks, Savings and Loans Companies, Microfinance Companies, Credit Unions, Susu Collectors, Micro-Credit Companies and Financial NGOs focusing on providing financial services to climate-smart MSMEs. The Hub also targets MSMEs that are already or want to become climate-smart, mostly operating in agriculture, renewable energy and sanitation, among others, in line with the strategic sectors for Ghana’s National Development Commission implementation: energy, transport, agriculture, forestry and other land use (AFOLU); and waste (Government of Ghana, 2015).

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Benefits and Impact
First, it creates a common platform for FIs and SMEs on climate finance. In this way, efforts to strengthen the climate finance sector and climate-smart enterprises can be bundled and it minimizes the risk of a duplication of efforts. Also, through this common platform, the existing niche of FIs operating in the field can strategically be managed and empowered.

Second, the Hub supports the digitalization of the climate-finance sector in an inclusive way. Digital innovation has proven successful in Ghana to overcome infrastructure challenges. For instance in rural areas, the platform could be accessed through mobile phones. Also, the possibility to receive capacity building online, also climate-smart SMEs and microfinance institutions which are based in rural areas will be able to participate.
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Why sign-up for the Climate Finance Knowledge Hub (CFKH)?
Every year billions of dollars and other currencies are disbursed towards climate change mitigation and adaptation. However, smaller financial institutions (FIs) and businesses do not have the capacity to play their part in climate-related business opportunities. Generally:
- Climate change affects the performance of our businesses and that of our clients so all must come on board
- FIs can only assess climate-related businesses if they have the knowledge in climate change and its financing modules
- FIs can only develop relevant products if they have in-depth knowledge of the climate change dynamics.
- FIs can only access climate funds if they have the knowledge and skills to attract and manage it.

By joining the Climate Finance Knowledge Hub

Financial Institution (FI)
Micro, Small and Medium Enterprise (MSME)
Technical Service Provider (TSP)

Financial Institution (FI)

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 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
Will be able to raise cheaper funds
Will Increase client base
Will be able to diversify loan portfolio
Will be able to develop new climate related products

Micro, Small and Medium Enterprise (MSME)

Has ease of access to both local and international FIs
Has endless opportunity to build the capacity of 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

Technical Service Provider (TSP)

Will be exposed to more learning opportunities
Will be exposed to more clients matching opportunities
Will increase client base
Will join a global network of climate related service providers
Will be supporting positive climate action

ABOUT THE HUB

The Concept

By joining the Climate Finance Knowledge Hub

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