Too small, too risky, Too important? Building the financing continuum for climate adaptation

Hosted by MSC (MicroSave Consulting), ANDE, and FSD Kenya, this session explores how banks, investors, and development partners can unlock fit-for-purpose finance for Small and Growing Businesses (SGBs) driving climate adaptation and resilience across emerging markets.
Despite growing recognition of their role in delivering adaptation outcomes, many SGBs remain caught in a financing gap too risky for conventional lenders, too small for traditional investors, and often poorly served by existing financial products. Bringing together perspectives from banking, impact investing, and development finance, the discussion will examine how the financing continuum from commercial debt to catalytic capital can better support adaptation-focused enterprises and help scale resilience where it is needed most.