Award-winning system for

community-managed eco-credit funds

What we do

GreenFi links community managed loans to environmental restoration with an innovative and effective tool for natural resource management and conservation.

For NGOs, a new approach cost-effective and verifiable environmental restoration community level that builds financial and social capital.

For companies which source produce from small scale producers an alternative to CSR projects which support business sustainability while delivering verifiable social, financial, and environmental benefits.

Greenfi Tools

Our tools are used to:

    • Train communities to manage eco-credit
    • Track loan disbursements and repayments
    • Monitor environmental restoration
    • Link communities to wider capacity-building initiatives
    • Allow NGOs to monitor and report on financial and environmental impact

GreenFi provides:

Training materials: We provide a training system for your staff who will help communities set up and run eco-credit funds and appropriate material for consistent and effective training of the communities themselves.

Loan tracking tools: We provide tools to track loan disbursements and repayments. Depending on the community, these can be pen & paper, app-based or a mixture of the two.

Environmental verification tools: We provide appropriate tools for communities to track and verify environmental restoration, so they participate in, and own, the conservation process .

Monitoring and evaluation tools: We provide tools for client NGOs and companies to track how loan capital is being used, and monitor progress towards environmental goals.

Funding Application Content: We can supply content about our system and its effectiveness to help our clients pitch successful funding applications that include our tools.

Choose GreenFi to enhance your natural resource management or conservaiton programmes simply and cost-effectively while building financial, social and ecological wealth for the people you work with.

The GreenFi team developed the eco-credit concept that won the UN Prize for Climate Change Finance Innovation.

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About Greenfi

GreenFi tools help resource-dependent communities access and transparently manage international climate and environmental funding. 

The company is registered in Ireland and provides its systems globally with first use cases across East Africa.

GreenFi System 

The GreenFi system is designed to improve the economic and social incentives for community conservation and resource management by attaching environmental restoration requirements to community-managed loans. The GreenFi system tools consist of appropriate technology for meeting this purpose. 

Financial Tracking

An Android App specifically designed for community use, allows community credit groups to transparently and efficiently  track eco-credit loan disbursements and repayments. 

Environmental Monitoring

The system allows communities to track and report on progress towards their environmental restoration targets. Companies and NGOs which support eco-credit groups can monitor progress through a web-based monitoring system.

The GreenFi team was the winner of the UNDP/Mitsubishi Morgan Stanley Prize for Climate Change Finance Innovation

GreenFi is a ClimateKIC award winner

What is community eco-credit?

Eco-Credit: “Eco-credit” is credit where borrowers are required to undertake the restoration of defined environmental resources as a condition of the loan. It ensures that environmental values are contractually linked to financial value.

Community Eco-credit: Community Eco-credit means credit facilities managed by communities that are reinvested in the same community when paid back. Loans are only issued to people who verify they are contributing to environmental restoration.

Our vision: is that 80% of the world’s small-scale food producers denied commercial credit should be able to find a loan through community eco-credit systems. This gives them access to appropriate financial services while also increasing productivity and their readiness for changing climate and extreme weather.

There are a number of different community eco-credit models: The most prominent is the IUCN Community Environment and Conservation Fund model, which we support.

Our Partners

GreenFi’s key partners are the International Union for the Conservation of Nature (IUCN), Fauna and Flora International (FFI), Mwambao Coastal Community Network and F3 Life

The GreenFi system contributes eco-credit and technical know-how to the IUCN “Community Environment and Conservation Fund” and other eco-credit approaches.

The GreenFi team developed the eco-credit concept which won the UN Prize for Climate Change Finance Innovation.

Pricing

Entry

Training materials (manuals and animations)
Legal agreement templates for fund set-up and eco-fund loans
Pen & Paper record keeping tools
One-off set-up fee
Maximum 1,000 end-users
€ 1/end-user/year

€ 10,000

Advanced

Training materials (manuals and animations)
Legal agreement templates for fund set-up and eco-fund loans
Either:
(1) App-based loan tracking and environmental compliance tools, or
(2) WhatsApp-based loan tracking and environmental compliance tools

One-off set-up fee
€2/end-user/year

€ 15,000

How the system works

1

NGOs and companies use the Greenfi tools to set up “eco-credit groups”, which are community credit groups, typically of about 30 men and women.

2

Groups identify the natural resources they want to protect and restore and how they will do it.

3

Groups are given a small fund to manage as a “revolving credit facility” – members take and repay loans from the fund. This is community-owned money and eco-credit groups are given appropriate tools and training to manage the funds.

4

Group members take and repay loans on the condition that they contribute to defined environmental restoration activities. Examples can include tree planting, soil conservation, mangrove restoration, reef no-catch areas and grassland conservation.

5

Groups can record their loans in the GreenFi app, or record their loans in paper record books and upload photos of the loan records into the system for remote data input.

6

Funds can be managed on a traditional credit basis with interest or on a Sharia-compliant basis.

7

Overtime, the eco-credit fund will grow, and communities prosper as they grow their natural, financial and social capital.

Get in touch

To contact us simply use the included form, or alternatively email Jules Roberts at jules@greenfi.org

© greenfi.org 2019