How Can Microfinance Improve Climate Change Adaptation? The Experiences of Rwandan Smallholder Farmers & Research OutlookMicrofinance clients, especially smallholder farmers, are often at the front lines of climate change, their lives and livelihoods vulnerable to the impacts of rising temperatures, unpredictable rainfall, and extreme weather events. Smallholder farmers are already experiencing first-hand the effects of climate change worldwide through decreased crop yield and production, higher pest and disease incidence, income generation constraints, and, in some cases, food insecurity. In this presentation, we argue that microfinance institutions are well-placed to promote climate change adaptation products and services. Our team of researchers at Glasgow Caledonian University and the University of Rwanda, funded by Opportunity International, has been developing a research program on how microfinance affects Rwandan smallholder farmers’ ability to adapt to climate variability. Based on evidence from a survey (n=370), in-depth interviews (n=30), and transect walks with Rwandan smallholder farmers collected from 2019 to 2021, we discuss how microfinance clients are currently managing the effects of climate change and what MFIs can do to support them and enhance equitable access to inclusive finance for climate adaptation. Moreover, researchers will be invited to discuss further research questions in green inclusive finance, encouraging partnerships, and research collaborations.Time: 4:00 PM Paris / 10:00 AM EST
Caroline Dennett is Director of CLOUT LTD and has 20+ years’ experience as a researcher and insight consultant; she has developed a sensitive understanding of the drivers of human behaviour, motivation and change.
Caroline has gained unique insights into the factors that can make and break positive safety cultures, the role Leadership plays in these dynamics and in driving change.
Time: 9:00 AM – 10:00 AM