MICROFINANCE AND CLIMATE CHANGE IMPACTS: THE CASE OF AGROAMIGO IN BRAZIL/Microfinanças e impactos das mudanças climáticas: o caso do Agroamigo no Brasil/ Microfinanza y los impactos de los cambios climáticos: el caso del Agroamigo en Brasil

This paper reports an empirical case study on the interface between microfinance and climate change actions. Climate change, which until recently seemed a luxury for the microfinance sector, now appears to be crucial for its future. For their low adaptive capacity, the millions of microfinance clien...

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Bibliographic Details
Published in:Revista de administração de emprêsas 2015-07, Vol.55 (4), p.397
Main Authors: Moser, Rafael Magnus Barbosa, Gonzalez, Lauro
Format: Article
Language:English
Subjects:
Case studies
Climate change
Data collection
Developing countries
Greenhouse effect
Impact analysis
Informal economy
LDCs
Microfinance
Rural areas
Socioeconomic factors
Studies
Online Access:Get full text
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Summary:This paper reports an empirical case study on the interface between microfinance and climate change actions. Climate change, which until recently seemed a luxury for the microfinance sector, now appears to be crucial for its future. For their low adaptive capacity, the millions of microfinance clients worldwide happen to be the most vulnerable to a changing climate. However, such an arena is still blurred from an academic viewpoint, and inexistent among Brazilian academia. Therefore, by investigating Brazil's largest rural MFI, Agroamigo, we aim at providing an empirical contribution to green microfinance. The main conclusion is that, albeit Agroamigo offers important links to climate change initiatives, it will need to take better account of specific vulnerabilities and risks to protect its portfolio and clients better from climate change impacts.
ISSN:0034-7590
2178-938X