Equity Bank Uganda is making significant strides in environmental protection by expanding access to clean, affordable, and sustainable energy solutions.
In response to the growing impact of climate change on communities across the country, the bank is leading by example—financing green initiatives that improve livelihoods while contributing to Uganda’s broader climate and environmental goals.
At the heart of these efforts is the Equi-Green product, a tailored financial solution designed to empower households, small businesses, and communities to adopt energy-efficient technologies. Through Equi-Green, clients can access a wide range of clean energy and WASH (Water, Sanitation, and Hygiene) products, including improved cookstoves, solar lighting systems, and eco-friendly water solutions.
These technologies help reduce reliance on traditional energy sources like charcoal and kerosene, promoting healthier lifestyles, lowering energy costs, and preserving the environment.
A notable milestone in the bank’s sustainability agenda is the disbursement of UGX 22.24 billion in green loans, supporting projects focused on renewable energy, energy efficiency, and environmental conservation. These funds have enabled individuals, businesses, and organisations to implement impactful green projects that align with Uganda’s climate change mitigation strategies.
In 2024, Equity Bank reinforced its environmental commitment through the planting of 30,118 trees—a step toward combating deforestation, curbing soil erosion, and sequestering carbon emissions. To ensure quality service delivery, the bank has also partnered with 18 clean energy implementation organisations, offering clients not only financing but also technical expertise and access to high-quality energy products.
As part of its Equi-Green rollout, the bank has successfully distributed over 51,800 clean energy products, including solar lamps and clean cooking stoves. These products are transforming energy access in underserved and rural areas by replacing polluting fuels with reliable, eco-friendly alternatives.
To further bolster its green finance capabilities, Equity Bank Uganda has partnered with the Uganda Energy Credit Capitalisation Company (UECCC), securing UGX 5.0 billion in green financing. This partnership enables the bank to expand its support for clean energy ventures and accelerate the adoption of renewable technologies across the country.
These efforts are closely aligned with the United Nations Sustainable Development Goals (SDGs), particularly those focused on affordable clean energy (SDG 7), climate action (SDG 13), and sustainable communities (SDG 11). Through its commitment to green financing and environmental stewardship, Equity Bank Uganda is playing a transformative role in advancing climate resilience and fostering a greener, more sustainable future for all.
