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Powering the Micro-Energy Industry With Carbon Markets

August 31, 2012 in Energy, Environment and Inclusive Finance, Microfinance, Technology | Tags: , , , , | by | Leave a comment

>Posted by Jeffrey Riecke

A few weeks ago I wrote a post highlighting microfinance as a tool for achieving environmental sustainability and in it I looked at CFI’s now-completed Energy Links project. During its three years of operations, Energy Links explored, and ultimately demonstrated, how MFIs can help to significantly expand the micro-energy industry. With Energy Links finished, I wondered, what is the microfinance community doing now to support sustainable energy?

Not even a day after writing my Energy Links post a colleague introduced me to MicroEnergy Credits (MEC), an organization that is earning large-scale success in supporting MFI clean energy lending. Since it was founded in 2007, MEC estimates that it has helped provide clean energy to over 100,000 households across several countries.

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