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Advocacy and Policy Engagements

UGEFA Green Finance Academy: Empowering Banks for a Green Economy in Uganda

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UGEFA Continues To Enhance The Capacity Of Financial Institutions In Uganda Through The Adelphi (Host Of The Project) Green Finance Academy. We Are Proud To Announce That This Year, Three Exclusive Green Finance Academy Trainings Were Delivered To Our Partner Banks: Dfcu Bank, NCBA, And Stanbic Bank. Since 2021, A Total Of Nine Green Finance Academy Trainings Have Been Conducted.

Since its launch in 2021, the UGEFA Green Finance Academy has made significant contributions to the banking sector. Bank staff have gained enhanced knowledge in green finance and green business models and are already developing strategies to integrate green finance practices into their business models.

By incorporating environmental considerations into their operations, banks not only mitigate environmental risks but also capitalise on emerging opportunities in the green economy. Embracing sustainability within the financial sector will allow financial flows to the private sector, specifically to the green economy sectors, amplifying the economic, social, and environmental impacts of green finance across Uganda’s economy.

In 2024 alone, over 75 bank staff from various departments and branches of these financial institutions were trained. To date, UGEFA has trained a total of 170 bank staff since its inception. Only this year, with the guidance of UGEFA green finance experts, 11 green finance products were co-created with participants. These tailored green finance products are in development and intended for deployment to support green small and medium-size enterprises (SMEs) in Uganda. READ FULL ARTICLE.

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Patrick Seremba

Lead Green News Curator & Chief Editor

Patrick is a seasoned Corporate Sustainability Communications and PR expert, as well as a business Journalist specializing in the Green Economy. He is also a Mediapreneur and Poet.

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