Our recent webinar brought together experts from Standard Bank Group, Co-operative Bank of Kenya, FMO - Dutch entrepreneurial development bank, BIX Capital, and BURN to explore how banks can finance #CleanCooking #Carbon projects. Here are some key takeaways: 🌟 Why Banks Should Engage Clean cooking carbon projects offer: ✔️ A path to achieving ESG goals and driving #climateaction. ✔️ Diversification through carbon credits as an emerging asset class. ✔️ Opportunities to strengthen relationships by connecting developers with corporate buyers. 🛑 Challenges Banks often see these projects as high-risk, while developers face barriers accessing tailored financial products. 💡 Solutions Our panel highlighted: 1️⃣ De-risking Investments: Credit guarantees, price stability tools, and robust governance. 2️⃣ Tailored Financial Products: Aligning banking offerings with the sector’s unique needs. 3️⃣ Stronger Collaboration: Developers and banks co-creating practical financial structures. 📈 A Growing Opportunity With governance improving and new initiatives like the CCA-led Financial Partnership Platform and Principles for Responsible Carbon Finance, the sector is poised for growth. Now is the time for banks to help scale impactful investments. #ClimateFinance #CleanCooking #CarbonMarkets #SustainableBanking #ESG
