In 2016, MCPI adopted Green Inclusive Finance (GIF) as one of the main components of the MCPI Institutional Strengthening Program (MISP). Through this initiative, five MCPI members – Community Economic Ventures, Inc, JMH Microfinance, KasaganaKa Credit and Savings Cooperative, SEDP-Simbag sa Pag-Asenso, Inc., and USPD Savings and Credit Cooperative – were provided with technical assistance to develop their own green energy loan portfolio complemented with a grant facility. In a span of three years, four renewable energy loan programs and one project on energy efficiency and green architecture are being implemented by the participating MFIs.
As the GIF program comes to a close, a Project Turnover and Learning Workshop was held for the partner-MFIs on November 27-29, 2019 in Tagaytay City. Representatives of participating MFIs presented the milestones, key lessons learned and possible ways forward in their respective clean energy programs. During the workshop, participants also discussed emerging challenges and action plans as they move forward with their respective green energy programs after MCPI’s technical assistance.