A recent CGAP working paper underscores the critical role of inclusive green finance policies in fortifying financial stability. These policies lay the foundation for financial instruments that effectively counter climate risk without deepening financial exclusion.
Climate change can hinder #FinancialInclusion. How? 🌊 Climate shocks like droughts and floods may drive the financial sector away from serving low-income customers and MSEs 🌿 MSEs in emerging economies may struggle to finance investments in green technology 🌐 Disproportionate climate regulation could potentially exacerbate financial exclusion How can we ensure the most vulnerable are included in a #JustTransition? Find out more 👇🏼 https://cgap.pub/3KrPRcA
