Ecuador's Superintendency of Banks signed a memorandum of understanding with Desjardins International Development (DID) under the PROGRESAR+ project to cooperate on financial inclusion and on integrating banking into ecosystem protection and climate change adaptation initiatives for women and young agro-entrepreneurs in Ecuador’s Andean-Amazon forest regions. The cooperation is intended to support methodologies for supervised financial institutions to integrate socio-environmental and climate risk management systems, promote digital financial innovation models to include women, youth and rural communities, and use data to design and implement environmental interventions that position banks as participants in the protection and restoration of Amazon forest ecosystems.
Superintendencia de Bancos de Ecuador 2025-12-12
Ecuador's Superintendency of Banks signs PROGRESAR+ memorandum with Desjardins International Development to promote financial inclusion and climate risk management
The Superintendency of Banks of Ecuador signed a memorandum with Desjardins International Development under the PROGRESAR+ project to enhance financial inclusion and integrate banking into ecosystem protection and climate change adaptation for women and young agro-entrepreneurs in Ecuador's Andean-Amazon regions. The initiative aims to develop methodologies for financial institutions to manage socio-environmental and climate risks, promote digital financial innovation for underserved groups, and leverage data for environmental interventions.