MicroEnergy Credits was mentioned in Climate Wire today in a fascinating article by Lisa Friedman about the challenges of low-carbon investment in developing countries:
“April Allderdice, an adviser to Grameen Shakti and president of MicroEnergy Credits in Seattle, said the influx of renewable energy in a country where 70 percent of the population has no access to grid electricity has been stunning. For the first time in some people’s lives, she said, they are able to work in the evening by decent light and children can continue to study once the sun goes down.
“It’s completely transformative,” Allderdice said. She argued that CDM projects, because they are market-driven, create more lasting changes to energy consumption in poor countries than simple grants or charity work. CDMs, she said, “enable a sustainable market-based approach to rolling out clean energy as opposed to dirty.”
See the full article here
