An array of qualitative green microfinance indicators is available for microfinance institutions (MFIs) to assess their green management performance, track progress over time, as well as to gain a broad overview of current and future trends: MIX’s green performance indicators, the Green Index, the Green Performance Agenda and the forthcoming Progress out of Energy Poverty Index. While the sector abounds with a diverse set of qualitative tools for green performance monitoring, it falls short of the same variety of quantitative indicators. To date, MFIs that aim to track the outcome and outreach of their green management lack a set of established metrics that is legitimized by the sector.
Recognizing this gap, MIX and a subgroup of the European Microfinance Platform (e-MFP) Microfinance & Environment Action Group designed a survey to explore quantitative green microfinance indicators relative to six axes with the aim of assessing their ease of use and relevance for decision-making.
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