At a time when climate change is headline news, it may seem like a no-brainer for a financial institution to offer green loans. But it’s not as simple as just launching a new product. As an official at the Grenada Development Bank explained, it’s important to first understand the market and the technologies available and […]

Green finance is not just for utility-scale solar plants or giant wind farms; it can also work for small businesses or even households. A program called EcoMicro—run by IDB Lab, the innovation laboratory of the Inter-American Development Bank—has helped design green finance solutions for small-scale borrowers as diverse as truckers in El Salvador, homemakers in […]