Kampala,Uganda– PostBank has reaffirmed its dedication to sustainable development and climate finance leadership at the inaugural National Private Sector Engagement Forum on Climate Finance (NaPSEF 1), held in Kampala. The forum focused on advancing climate resilience and promoting green economic growth across Uganda.
Under the theme “Advancing Private Sector Leadership in Climate Finance Mobilization,” the event brought together key stakeholders from government agencies, financial institutions, and the private sector to explore collaborative pathways toward a climate-resilient economy.
Doreen A. Muhangazi, PostBank Uganda’s Chief People and Strategy Officer, emphasized the bank’s commitment to integrating sustainability at the heart of its operations.
“In 2022, PostBank began repositioning itself as a sustainable business, revising its strategy so that sustainability is not just an aspect of our work—it defines who we are. As a government-owned bank, our mission is to foster prosperity for all Ugandans,” Muhangazi stated.
She added, “Our involvement in this forum signals our readiness to champion climate resilience and sustainability. With our extensive reach across Uganda, we are uniquely positioned to drive grassroots climate action, particularly by supporting micro, small, and medium enterprises (MSMEs). This intersection between sustainability and profitability demonstrates how financial institutions can lead on climate action while maintaining commercial viability.”
Muhangazi praised the Ministry of Finance, Planning, and Economic Development, alongside the Bank of Uganda, for spearheading climate finance initiatives. She also acknowledged the timely policy frameworks introduced by the Ministry of Water and Environment, which are critical in empowering the private sector’s role in mobilizing climate finance. “Access to finance, especially patient capital for climate projects, remains a challenge. However, we are committed to closing this gap through inclusive financing models, innovative lending solutions, and strong partnerships,” she said.
PostBank’s sustainable banking efforts have earned significant recognition. Last month, the Bank of Uganda honored PostBank under the Agricultural Credit Facility (ACF), acknowledging its consistent alignment with global sustainability standards.
As climate finance discussions gain global traction, PostBank Uganda aims to be more than a participant—it strives to lead the creation of a sustainable financial ecosystem benefiting people, planet, and prosperity.
Moreover, PostBank’s digital innovation through its mobile wallet, Wendi, exemplifies its commitment to environmental sustainability. By enabling paperless transactions, reducing the need for branch visits, and extending digital financial services to rural and underserved populations, Wendi promotes financial inclusion while lowering the bank’s environmental impact.
This technological approach aligns seamlessly with PostBank’s broader sustainability goals and demonstrates how innovation can safeguard the environment while enhancing customer experience.
