Green Microfinance (GMf™) exists because of
the growing need, ecological impacts, and opportunity
to improve the environmental performance of microenterprises
globally. GMf™ builds environmental management
capacity of microfinance institutions, promotes appropriate
donor policy, provides environmental education for
businesses, and finances solar and small-scale renewable
energy systems.
The International Year of Microcredit 2005 is
an opportune time to meet the UN Millennium Development
Goal – "to ensure environmental sustainability".
Through microcredit we can integrate the principles
of sustainable development into all lending policies
and programs. We need to ensure all microfinance
institutions help reverse the loss of environmental
resources.
Wangari Maathai writes, "We cannot alleviate
poverty unless we find a way to use our natural resources
sustainably. When people are poor they will not think
about the long-term consequences of their actions
on a forest, a stream, a field or a species. Once
that resource is degraded or lost, the poor will
get that much poorer. I am working to make sure we
don't only protect the environment, we also improve
governance."
--Elizabeth Israel, President, Green Microfinance,
LLC