New CSO Recommendations for IFC Financial Intermediary Safeguards Include a Dedicated Chapter on Microfinance

New CSO Recommendations for IFC Financial Intermediary Safeguards Include a Dedicated Chapter on Microfinance

Vonsophia

The ongoing review of the IFC Performance Standards presents a rare opportunity to strengthen safeguards for financial intermediary investments. A new joint submission by civil society organizations outlines recommendations for a dedicated Financial Intermediary Safeguard that would better address the environmental, social, and human rights risks associated with indirect finance. I had the opportunity to…

Briefing Paper: How Can Investors Promote Responsible Investment Practices in Microfinance Funds? (EN/DE)

Briefing Paper: How Can Investors Promote Responsible Investment Practices in Microfinance Funds? (EN/DE)

Vonsophia

Microfinance is widely regarded as a tool for financial inclusion and poverty reduction. However, growing evidence from research, media reports, and reports by human rights organizations has highlighted the risks of over-indebtedness associated with microloans in several countries. The briefing paper, How Can Investors Promote Responsible Investment Practices in Microfinance Funds?, examines the structural drivers…