About The Hub
The Climate Finance Hub is uniquely positioned to be a unifying platform for climate finance in Ghana. By combining financial sector expertise, capacity-building programs, and a commitment to sustainable development, we offer a supportive environment for MSMEs and financial institutions to access critical resources and grow responsibly. Our partnerships and sector-focused approach help minimize duplication of efforts, empowering a cohesive climate finance landscape.
The Climate Finance Hub is a comprehensive platform dedicated to empowering financial institutions (FIs), micro, small, and medium enterprises (MSMEs), and technical service providers (TSPs) with the tools and knowledge they need to access and manage climate finance effectively. Through cutting-edge resources, training, certifications, and expert insights, we help bridge the gap between innovative, climate-smart enterprises and the financial solutions required to drive sustainable growth.
These capacity development trainings encompass three main areas:
- Appraisal and assessment of climate smart enterprises,
- Risk profiling and indexing of climate smart enterprises and
- Value chain financing for climate smart/resilient enterprises.
The Climate Finance Hub serves a diverse range of local Ghanaian financial institutions (FIs) that are interested in developing climate finance instruments and building capacity in this sector. 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 that focus on providing financial services to climate-smart MSMEs. The Hub also supports MSMEs that are climate-smart or seeking to adopt sustainable practices, primarily in sectors such as agriculture, renewable energy, and sanitation. This aligns with the strategic sectors identified by Ghana’s National Development Commission: energy, transport, agriculture, forestry and other land use (AFOLU), and waste management.
Benefits and Impact
The Climate Finance Hub establishes a unified platform for financial institutions (FIs) and small and medium enterprises (SMEs) focused on climate finance. This centralized space enables a coordinated approach to advancing climate finance and climate-smart enterprises, reducing the risk of duplicated efforts. By uniting resources, the hub also empowers and strategically manages the specialized network of FIs in this field.
The Hub also promotes the digital transformation of the climate finance sector in an inclusive manner. Digital solutions are instrumental in overcoming infrastructure barriers in Ghana, especially in rural areas, where users can conveniently access the platform on mobile devices. Online capacity-building resources also ensure that climate-smart SMEs and microfinance institutions in rural locations have full access to training and development opportunities.
Why sign-up for the Climate Finance Hub?
Each year, billions in global funding is allocated for climate change mitigation and adaptation. However, smaller financial institutions (FIs) and businesses often lack the capacity to engage fully in climate-related opportunities. In general:
- Climate change impacts the performance of both businesses and their clients, making it essential for all to participate.
- FIs can only evaluate climate-focused enterprises if they possess a solid understanding of climate change and related financing models.
- FIs need in-depth knowledge of climate dynamics to create relevant financial products.
- FIs require the skills to secure and manage climate funds effectively to support sustainable growth.
- Technical service providers will gain increased exposure to client-matching opportunities.
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