Equity Bank Uganda is taking bold steps to protect the environment by increasing access to clean and affordable energy solutions for ordinary Ugandans. Through its Equi-Green product, the bank is providing financial solutions to households, small businesses, and communities to adopt energy-saving products such as clean cooking stoves, solar lighting systems, and water and sanitation (WASH) solutions.
This initiative not only supports healthier lifestyles and lower energy costs but also contributes to a cleaner environment. By reducing dependence on traditional energy sources like charcoal and kerosene, Equity Bank is playing a key role in combating climate change and promoting sustainable development.
Key Achievements
– Disbursed Sh22.24 billion in green loans for climate finance, supporting projects that promote renewable energy, energy efficiency, and environmental conservation.
– Sold 51,811 clean energy products, including solar lights and clean cookstoves, providing affordable and eco-friendly alternatives to underserved communities.
– Secured Sh5.0 billion in green finance funds from the Uganda Energy Credit Capitalization Company (UECCC) to support clean energy projects and scale up the adoption of renewable energy technologies.
– Planted 30,118 trees in 2024, contributing to efforts to tackle deforestation, soil erosion, and carbon emissions.
By financing green solutions, Equity Bank Uganda is demonstrating leadership in environmental conservation and contributing to the country’s broader environmental goals. The bank’s commitment to sustainability is evident in its efforts to promote clean energy, reduce carbon emissions, and support eco-friendly initiatives.
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