MEC’s pipeline is growing. Our most recent partner is XacBank in Mongolia, who found us through the Energy Links Podcast, an initiative of ACCION’s Center For Financial Inclusion, and USAID’s FIELD program. You can listen to our podcast here.
XacBank is a well established microfinance institution with over 100,000 clients. The temperature now in Ulan Bator is -44° F. XacBank’s clean energy project manager shared with me stories of clients that are burning plastic audio cassette cases for heat. Simple clean technologies such as efficient cookstoves and insulating blankets for yurts can significantly reduce the consumption of heating fuels, saving the clients money and improving the environment. MEC is looking forward to our partnership with XacBank, where the carbon revenues we provide will help XacBank link their clients to these clean tech products.
