The Grameen Crédit Agricole Foundation signs the Climate Manifesto

Following the official launch of the French Coalition of Foundations for Climate on November 18, the Grameen Crédit Agricole Foundation signed, alongside 80 other organizations, the Manifest of the news French Coalition of Foundations for the Climate (CFFC).

Launched by the French Foundations Center and its partners, the Climate Coalition brings together foundations and endowments with a common goal: to act together in the fight against climate change. The Coalition will promote the signatories' best practices, produce research on the philanthropic sector's engagement, and mobilize human and financial resources to support initiatives to address the climate crisis.

The Foundation and its action for the resilience of rural economies

Through funding for microfinance institutions and investments in rural businesses with a strong social and environmental impact, the Grameen Crédit Agricole Foundation positions itself as a player that promotes the resilience of rural economies in the face of climate change.

With a portfolio of €87 million as of the end of March 2021, the Foundation primarily supports organizations that contribute to rural development in Africa, Asia, and Europe. Of the more than 7.3 million beneficiaries of funded microfinance institutions, 851 live in rural areas. The Foundation also provides technical assistance to companies that promote more sustainable agricultural practices.

With the signing of the Manifesto and also membership in the French Center for Funds and Foundations (CFF), the Grameen Crédit Agricole Foundation reaffirms the inclusion of the climate issue in its practices and strategy and calls on other players in the inclusive finance sector to engage together in this global issue.