Ebdaa Microfinance: Supporting ecologically and climate-sensitive projects

Ebdaa Microfinance: Supporting ecologically and climate-sensitive projects

Dr. Khalid Al Ghazzawi, CEO of Ebdaa Microfinance Company, confirmed the company’s direction on financing economic projects that take environmental and climate considerations into account, as part of the Kingdom of Bahrain’s efforts to meet the requirements of sustainable development, and following the CBB’s directives in activating the financial sector’s contribution to national efforts in adopting best environmental practices. Dr. Al Ghazzawi said the world is celebrating International Women’s Day today under the theme “Gender equality today for a sustainable tomorrow”, in honor of the varied contributions of women throughout the world who are leading the way in adapting to and responding to climate change to build a more sustainable future for all. “Ebdaa Microfinance as one of the branches of Arab Gulf Program for Development (AGFUND) is keen to participate in the efforts aimed at addressing climate change and reducing its negative effects on all segments of society, including women. It also considers the extent to which the loan applicant project takes into account the environment aspect before approving the grant of the loan.” said Dr. Al Ghazzawi. Dr. Al Ghazzawi urged all owners of micro-enterprises in green sectors such as agriculture, sustainable energy, waste recycling, and others to