Climate love
Image of Equity Bank Kenya

Equity Bank Kenya

Climate love

EQUITY BANK EMERGES TOP CLIMATE GLOBAL FINANCIER WITH THE HIGHEST NUMBER OF CLIMATE RELATED-TRANSACTIONS.

During the International Finance Corporation (IFC) 2023 Climate Assessment for Financial Institutions (CAFI) Awards for Climate Reporting, the giant lender was awarded for having supported a total of 47,593 households and businesses in adopting adaptive and mitigating solutions to address the negative impacts of climate change.
Equity is committed to playing a significant role in climate change mitigation and adaptation by providing appropriate financing and capacity development that helps the region decarbonize and build resilience,” said Dr James Mwangi, Equity Group Managing Director.
In ten months of the year to October this year, Equity Group said it had disbursed Ksh 24.7 billion worth of climate financing to various projects out of which, climate adaptation and water efficiency accounted for 66pc, energy efficiency and transport 28pc and renewable energy 6pc.
By being recognized as the Bank with the most transactions, Equity is creating a broader impact and reach for local communities and businesses. The Bank continues to work towards supporting Kenya’s goal of combating climate change by reducing its carbon emissions by 32% by 2030 and building resilience, as outlined in the National Determined Contribution. added Dr Mwangi.
A significant proportion of the funding was also used to support climate-smart agriculture, building resilience for farmers and farming ecosystems.
Its really commendable to see during the International Finance Corporation (IFC) 2023 Climate Assessment for Financial Institutions (CAFI) Awards for Climate Reporting, the giant lender was awarded for having supported a total of 47,593 households and businesses in adopting adaptive and mitigating solutions to address the negative impacts of climate change and i commend you to continue with that spirit next year 2024

Image of post in post detailed view


https://equitygroupholdings.com/ke/newsroom/24-press-release/194-equity-bank-kenya-recognized-for-climate-financing-reporting-excellence-by-international-finance-corporation



Do you agree?

30 more agrees trigger contact with the recipient

  • winnie nguru

    16 w

    Hail Equity Bank ! They have been so supportive in the sector and it is so good to see them recognized. They deserve the flowers!

    • Esther Wanjiku

      16 w

      This is phenomenal work that Equity is doing in being at the center of financial empowerment on businesses that are eco friendly

      1
      • George Kariuki

        16 w

        Tackling climate change requires a collective effort, and Equity Bank's leadership sets a promising example for the financial sector and global community as a whole.

        2
        • Rukia Ahmed Abdi

          16 w

          Equity Bank's significant climate financing, totaling Ksh 24.7 billion in the first ten months of the year, reflects a strong focus on climate adaptation, water efficiency, energy efficiency, transport, and renewable energy projects. The bank's diverse portfolio aligns with Kenya's goals to combat climate change, aiming for a 32% reduction in carbon emissions by 2030.

          5
          • Edwin wangombe

            16 w

            This is amazing... The efforts of Equity to safeguard our planet is commendable... It's time for other financial institutions to borrow a leaf from this example

            3
            • Elizabeth Gathigia

              16 w

              Good job @Equity bank, thank you for your support and commitment in matters of climate change mitigation

              3
              • Princess

                16 w

                This is a positive indicator of the financial sector's role in addressing environmental challenges.

                9
                • walter lungayi

                  16 w

                  Impressive achievement for Equity Bank in leading climate-related transactions globally. Keep up the good work!

                  3
                  • Munene Mugambi

                    16 w

                    This shows why Equity bank is a preferred bank in Africa as it supports the will of the people. Way to go

                    5
                    • Rotich Kim

                      16 w

                      This is encouraging to see such financial institution supporting our environment project 💪

                      11
                      Welcome, let's solve the climate crisis together
                      Post youtube preview with preloading
                      youtube overlay

                      Write or agree to climate reviews to make businesses and world leaders act. It’s easy and it works.

                      Write a climate review

                      Voice your opinion on how businesses and organizations impact the climate.
                      0 trees planted

                      One tree is planted for every climate review written to an organization that is Open for Climate Dialogue™.

                      Download the app

                      We plant a tree for every new user.

                      AppleAndroid