ADA is in the process of identifying innovative solutions to expand access to water, sanitation and hygiene (WASH) services and renewable energy in its countries of operation and began testing these solutions through pilot projects.
As part of a project which has been underway since 2018 with ADA's longstanding partner REDCAMIF, the regional microfinance network in Central America and the Caribbean, 17 MFIs in the region either further developed or improved their green financial products and services. ADA met clients of these MFIs who benefitted from these services.
Digital solutions such as mobile money, e-commerce, weather alerts and index-based insurance have transformed the way smallholder farmers run their businesses.
Under ADA’s strategic plan 2022-2025, climate change, gender issues and the use of digital technologies will be taken into account in all projects and programmes as overarching targets.
ADA has published the annual report 2021 for the SSNUP programme. In 2021, the programme approved 14 projects supporting 30 SMEs, farmer cooperatives, microfinance institutions and insurance companies in 15 developing countries.
Luxembourgish insurance sector explores ways of strengthening the social aspects of their ESG commitments with international inclusive insurance experts.
ADA has assisted the MFI in its needs analysis, leading to a certain number of processes such as credit approval being transformed with the new configuration of the Musoni platform.