A key partner in the TRUEPATH project – the microfinance institution Fondo de Desarollo Local – is one of the three finalists of the European Microfinance Award for ‘Strengthening Resilience to Climate Change’.
The were selected for their ‘Green Microfinance Plus’ initiative, where they combine financial services with technical assistance (with partner institution Nitlapan) for supporting the adoption and viability of more sustainable and diverse agricultural practices. They are currently part of the TRUEPATH project to further understand how such green microfinance practices link to broader development pathways and how processes of co-creation and strategic alliances play a role in the potential contribution of green microfinance in transformations to sustainability.
The winner will be announced at the European Microfinance Award ceremony on the 21st of November 2019.