Kuali Fund-<p>Kuali Fund (Kuali or the Fund) aims to transform Latin American and the Caribbean (LAC) countries and India in low-carbon and resilient economies by fostering systemic adoption of climate best practices by small financial institutions, including small banks (up to Tier 2), Microfinanc…

About this project

<p>Kuali Fund (Kuali or the Fund) aims to transform Latin American and the Caribbean (LAC) countries and India in low-carbon and resilient economies by fostering systemic adoption of climate best practices by small financial institutions, including small banks (up to Tier 2), Microfinance Institutions (MFIs), cooperatives, other non-bank financial institutions and FinTech companies (denominated all as Financial Service Providers, or FSP). Kuali will support FSPs in their transition to become greener and more inclusive so that they eventually provide green products4 to Small and Medium Enterprises (SMEs) and to smallholder farmers (or smallholders). Kuali will also support companies with innovative climate solutions5 (denominated as innovative companies) to expand the number of available mitigation and adaptation solutions that could eventually be financed by FSP. Therefore, Kuali Fund expects to directly support over 486.690 smallholder farmers and 16.200 SMEs that will jointly avoid 14,27 anticipated million tons of CO2 equivalent in its 10 years expected lifetime6, resulting in a total reduction of 1,4 million tons of CO2 equivalent per year.</p>

Goals

Sustainable Development Goals this project works towards

• 1No Poverty
• 5Gender Equality
• 7Affordable and Clean Energy
• 8Decent Work and Economic Growth
• 9Industry, Innovation and Infrastructure
• 13Climate Action
• 17Partnerships for the Goals

Published by

European Commission - Directorate-General for International Partnerships · Other public sector

Sectors

Formal sector financial intermediariesInformal/semi-formal financial intermediaries

Focus

Gender equality · Also contributesEnvironment · Also contributesClimate mitigation · Main focusClimate adaptation · Also contributes

Places

498 - Bogota

Funded by

European Commission

Implemented by

COMPANIA ESPANOLA DE FINANCIACION D EL DESAROLLO COFIDES SA

Accountable

Regional Development Bank

Passes funds through

Directorate-General for International Partnerships

Published by European Commission - Directorate-General for International Partnerships to the International Aid Transparency Initiative (IATI), last updated 29 Sept 2026 and imported automatically. IATI identifier: XI-IATI-EC_INTPA-2024-PC-23505.

No updates yet.