ADFIAP partners with RENAC on green banking project

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Renac1 (1)ADFIAP and the Berlin-based Renewables Academy AG (RENAC), with support from the German Federal Ministry for Environment’s International Climate Initiative and the German Embassy in Manila, launched its partnership project called, “Green Banking – Capacity Building on Green Energy and Climate Finance” on January 26, 2016 at the New World Hotel in Makati City, Philippines. The launch and networking event was attended by about 100 participants from mainly development and commercial banks and other financial institutions in the country.

The main objective of this 3-year (2015-2018) capacity-building program is to support financial institutions in building up new business lines for financing renewable energy and energy efficiency projects and to make use of internationally-provided climate finance instruments. The programme is complementary to RENAC´s CapREG (Capacity Development on Renewable Energy and Grid Integration) project. The project is scholarship-based and offers different kinds of training (both online and face-to-face courses), study tour programs, networking events and exchange of experiences for professionals in India, Indonesia, Thailand, Vietnam and the Philippines. It also aims to develop a “Green Banking Specialist” degree program.

The guest of honor of the event was German Ambassador to Manila, His Excellency Thomas Ossowski, who highlighted the importance of the green banking project in mitigating climate change. Other speakers of the event were ADFIAP Secretary General, Octavio B. Peralta, RENAC’s CEO Berthold Breid and Volker Jaensch, Project Director.

For more details about this project, please email the ADFIAP Secretariat at inquiries@adfiap.org

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