Small Industries Development Bank of India (SIDBI) and AFD have signed a USD 100 million credit facility agreement (CFA) to scale up Green Finance solutions for Indian micro, small, and medium enterprises (MSMEs).

• The partnership aims to support sustainable growth and drive the transition towards a low-carbon economy.
• Under this agreement, AFD will provide credit line of USD 100 million to SIDBI to deploy the funds to expand access to affordable financing for MSMEs investing in energy-efficient technologies, renewable energy solutions, and climate-friendly business practices.
• This initiative aligns with both institutions’ commitment to fostering sustainable economic development and enhancing climate resilience in emerging markets.
• The partnership leverages AFD’s global leadership in climate financing space and SIDBI’s understanding of MSME eco system.