This framework comprises nine voluntary principles designed to help financial institutions integrate environmental, social and governance considerations into lending, investment and business decision-making. It represents Sierra Leone’s first coordinated, sector-wide framework for integrating ESG considerations into financial sector decision-making.
Find out how a partnership between Invest Salone, Vista Bank Sierra Leone and the Small Foundation is shifting the bank’s portfolio toward lending to SMEs by strengthening credit assessment tools and improving sector knowledge, with support from a risk-sharing guarantee.
This sector-level guidance supports financial institutions with the implementation of the voluntary sustainable finance principles. It is tailored for a diverse range of financial institutions – from microfinance lenders to larger commercial banks – and focuses on the “everyday” business of banking with micro, small and medium-sized enterprises (MSMEs) in Sierra Leone, covering the key sectors: agriculture, fisheries and forestry; construction; energy and energy efficiency; and value chains (e.g. manufacturing and wholesale/retail trade).
Discover more about Freetown Waste Transformers, the operational support they received from Redsalt Angel Investment Network and the impact of investment in the company.