As PostBank Uganda prepares to rebrand to Pearl Bank and move closer to achieving sustainability certification, 30 of its staff members have undergone intensive training in green financing.
The three-day training, conducted by Adelphi through the Uganda Green Enterprise Finance Accelerator (UGEFA), aimed to equip bank staff with knowledge and tools to support green finance initiatives and better serve environmentally conscious small and medium enterprises (SMEs).
The program focused on key areas such as defining the green finance context, understanding green SMEs, identifying and mapping green finance instruments, assessing climate risks and opportunities, conducting portfolio and target market analyses, and designing tailored green financial products. The training is part of the bank’s broader effort to align its services with global sustainability trends and support the transition to a green economy.
Carolyn Andama, the Head of Public Sector at PostBank Uganda, described the training as a timely and strategic move in response to the growing global demand for sustainable finance. She emphasized the important role financial institutions play in driving environmentally and socially responsible initiatives.
“This training is very well aligned with the bank’s response to the global sustainability agenda. As a bank, we extend loans and grants to customers, and it’s only right that these are applied sustainably for a greater future. Financial institutions like PostBank avail capital to the public, and this can influence industries to adopt sustainable practices,” Andama noted.
She praised the Green Finance Academy under UGEFA for delivering tailored and impactful training to the financial sector, which she said is central to supporting sustainability goals.
Andama added that PostBank is committed to providing financial instruments such as loans and grants that not only grow businesses but also contribute to reducing carbon emissions, alleviating poverty, and addressing social inequalities. These, she noted, are essential pillars of the Sustainable Development Goals (SDGs) under the 2030 global agenda.
Christine Meyer, Project Lead of UGEFA and Head of Programme Green Entrepreneurship at Adelphi, commended PostBank Uganda for its commitment to sustainability and its willingness to build internal capacity around green finance.
“We provide tailored trainings to financial institutions and collaborate with them to facilitate the flow of green finance into Uganda’s SME sector. Together with our partner banks, we navigate climate risks and leverage green finance opportunities,” Meyer said.
She explained that through UGEFA’s joint funding facility, financial institutions can unlock the potential of green SMEs to drive social and environmental impact. “We are looking forward to jointly driving the sustainable development agenda with committed partners like PostBank,” she added.
The training comes at a time when green finance is gaining traction globally, with increasing interest from investors, development partners, and governments seeking to tackle climate change, promote economic resilience, and advance sustainable development through financial innovation.
