Banque Nationale de Développement Agricole, Mali’s first Green Climate Fund accredited entity

At the session of its Board of Directors held on October 21, 2024 in Songdo, South Korea, the Banque Nationale de Développement Agricole (BNDA) was accredited by the Green Climate Fund (GCF). As the second bank in the sub-region to receive this prestigious accreditation, BNDA reaffirms its commitment to sustainable development and the fight against climate change, essential elements in the resilience of the economy of Mali.

The GCF is one of the world’s largest financing mechanisms dedicated to the fight against climate change. Its support will enable BNDA to mobilize substantial resources for projects aimed at reducing greenhouse gas emissions while supporting adaptation to climate impacts in vulnerable areas. In a predominantly desert country like Mali, this accreditation will strengthen BNDA’s ability to finance agroforestry, sustainable irrigation and efficient water resource management initiatives, contributing to a more resilient future for rural communities.

With the support of the GCF, BNDA positions itself as a trusted partner for the development of a green economy, promoting financial inclusion and environmental protection for a prosperous and resilient Mali.


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