As climate change continues to disrupt communities across Uganda, Equity bank is taking a proactive stance through its Equi-Green loan product, aimed at accelerating access to clean and sustainable energy solutions.
The initiative supports households, small businesses, and communities in transitioning to greener alternatives such as solar lighting systems, clean cookstoves, and water sanitation technologies.
According to the bank, over 51,000 clean energy products have already been sold under the Equi-Green program, helping reduce reliance on traditional, polluting fuels like charcoal and kerosene.
These alternatives not only promote healthier living conditions but also help households, particularly in rural areas, cut down on long-term energy costs. To date, the bank has disbursed more than Shs 22 billion in green loans, supporting a wide range of renewable energy projects, energy efficiency improvements, and climate change mitigation efforts.
Equity’s efforts have been further amplified through partnerships, most notably with the Uganda Energy Credit Capitalization Company (UECCC), which injected an additional Shs 5 billion in green financing to strengthen the bank’s climate-focused agenda.
In 2024 alone, Equity bank planted over 30,000 trees, a step aimed at curbing deforestation, soil erosion, and carbon emissions. The bank has also brought on board 18 clean energy implementation partners, ensuring that clients not only access financing but also benefit from technical support and quality assurance for the green products they adopt.
