Desmond Fortes Scholarship
This scholarship targets ambitious professionals from Asia and Africa who are employed within FMO's client network and have a strong interest in green finance.
The Desmond Fortes Scholarship is meant for a full-time one-year master’s programme in Environmental Sustainability, including a thesis research internship at FMO.
Information for students
Candidates should visit our Study in Holland website for more information.
Green finance refers to investments that banks or financial institutions make that have a positive environmental impact. These activities can be divided into three main categories:
- Climate Change Mitigation. That is, reducing greenhouse gas (GHG) emissions into the atmosphere or sequestering GHG emissions from the atmosphere.
- Climate Change Adaptation. Activities intended to reduce the vulnerability of human or natural systems to the impacts of climate change and climate-related risks, by maintaining or increasing adaptive capacity and resilience.
- Other Footprint Reduction. Those activities that do not directly target climate change mitigation or adaptation yet have a positive impact on the environment including water, waste and biodiversity.
FMO is the Dutch development bank. FMO has been investing in the private sector in developing countries and emerging markets for more than 46 years. Its mission is to empower entrepreneurs to build a better world.
FMO invests in sectors where it can have the highest long-term impact: finance, energy and agribusiness. Together with its partners, FMO invests in the infrastructure, manufacturing and services sectors.
With an investment portfolio of €8.9 billion spanning over 85 countries, FMO is one of the larger bilateral private sector development banks globally.
Desmond Fortes was a dear FMO colleague who unexpectedly passed away in 2015. Desmond was a global citizen who wanted to make the world a better place. He was passionate about promoting green finance in developing economies and inspired others with his vision of a sustainable world.
To honour his memory and celebrate his dedication and passion for improving the world, the Dutch development bank FMO offers like-minded global citizens the opportunity to expand their knowledge in the field of Environmental Sustainability.