LearnGreen

German Chamber and Frankfurt School enhance the availability and usage of Green Finance in Bolivia

Grant recipient

  • DIHK Service GmbH
  • Frankfurt School of Finance & Management gemeinnützige GmbH

Cooperations

  • Association of Bolivian Private Banks (ASOBAN)
  • United Nations Development Program (UNDP / PNUD)

Term

completed

02/01/2021 to 04/30/2022

Priority areas

  • Cross-sectional technologies
  • Water and waste water management

Target countries

Bolivia

Building local capacity and knowledge plays an important role in achieving the United Nations' Sustainability Goal 17, "Partnerships for the Goal". At the same time, environmental technologies are an essential component for sustainable ("green") growth and development of society and economy (UN SDG No. 9).

The overall objective was therefore to promote green and sustainable investments of Bolivian companies in green technologies on both, the supply and demand side through an interactive e-learning course (Certificado de Experto en Finanzas Verdes). Through their joint offer, the AHK Bolivia and the Frankfurt School of Finance and Management enable a decisive local increase in knowledge in the development and distribution of financial products (supply side) as well as a deeper understanding of technology and knowledge of green project financing among local companies (demand side).

This transfer of knowledge improves the framework conditions for investments in green technologies and at thus strengthens the export opportunities for German suppliers.

The project aimed to develop an eLearning course on green finance for the local financial sector. Lack of access to sufficient financing is still a central bottleneck for investments in environmental technologies. Through this innovative cooperation, Frankfurt School and the AHK network promoted the availability of green finance products (meta-level). By integrating reference projects from German companies adapted to the target market, their technical expertise was incorporated into the qualification programme - and at the same time they were positioned as potential technology suppliers to local decision-makers in the financial sector and the real economy (micro level).

Due to the digital solution, the approach has a broad impact and is scalable in terms of space and time. The online-based training programme represents a qualification which can be established as an ongoing and continuous offer in the worldwide network of German Chambers of Commerce and Industry abroad.

Contact

Vera Franken AHK Bolivia
Calle 15 de Calacoto, Torre Ketal, Oficina 311
La Paz, Bolivien
www.ahkbol.com
+591 2 2795151 Email