Green MSME Finance Tool

Focus: Adaptation, Mitigation

Ecosystem Relevance: Access to Finance, Infrastructure & Technology

Lab Cycle: Climate Finance, India 2018

Product Developer: Society for Technology & Action for Rural Advancement (TARA) 

Product Overview

The Green MSME Finance Tool seeks to mainstream green finance in commercial banking and drive the transition to a low-carbon economy in India and empower climate-smart MSMEs. It is a knowledge platform positioned as a one-stop source for organised financial information about green MSMEs, credit appraisal and rating systems for green technology solutions and potential monetisation of green solutions.

It provides banks with data and frameworks to understand green-technology based enterprises and evaluate them for financing in order to bridge the information gap between banks and green enterprises as well as reducing the high due diligence costs. The platform will aggregate information drawn from credible government agencies, technology and research providers, enterprise platforms, Non-Banking Finance Companies (NBFCs) and other financial institutions to build evidence on green enterprise benchmarks and performance on the database.

The Green MSME Finance Tool was developed by TARA during the 2018 Practitioner Labs Climate Finance cycle in India.

Interested in learning more about the Green MSME Finance Tool?

Access a product overview PDF by clicking the "Download" button below, or by following this link.

A full climate finance product concept note is available for download here.