SIDBI and AFD sign $100M agreement to boost green finance for MSMEs

New Delhi: Small Industries Development Bank of India (SIDBI) and AFD, France 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…