While climate change deepens poverty, financial inclusion can build the resilience of individuals, either to a sudden and extreme climate event or the gradual effects of varying rainfall patterns, sea-level rise, or saltwater intrusion. Savings, credit, insurance, money transfers, and new digital finance channels provide adaptation strategies for climate change impacts.

The Central Bank of Seychelles (CBS) has requested support to facilitate national-level capacity building and coordination to advance inclusive green finance in Seychelles and thus this training is the first step in the support to CBS.

Objectives and expected outcomes

The technical focus of this training is on Inclusive Green Finance (IGF) and building the capacity of the staff of CBS in this area. At the end of the training, the participants will develop an action plan that charts the next steps for CBS work on developing and implementing IGF initiatives in Seychelles. To enable this objective, the participants will be able to:

• Understand and explaining the mandate and role of the financial regulators with regards to green finance and the impacts climate change and environmental degradation has on financial stability
• Explain the various terminologies related to IGF and situate IGF in the broader green finance landscape
• Illustrate the 4P Framework of IGF Policies and Regulations: Provision, Promotion, Protection and Prevention
• Identify the two or three major environmental and climate change challenges in Seychelles as well as the existing climate change policies and processes
• Identify the key factors to be considered while designing IGF initiatives in Seychelles
• Define an action plan for advancing IGF policies in Seychelles

Please confirm your participation by 10.00 AM UTC, Friday, 21 August 2020
For any questions or queries, please contact at Capacity.Building@afi-global.org.