MicroEnergy Credits is a financial intermediary which links microfinance institutions to the carbon markets when they lend for clean energy. Founded in 2007 and based in Seattle, WA, MicroEnergy Credits works with Microfinance Institutions and Carbon Emission Reducers around the world. MEC is a for-profit social enterprise financed by impact investors. MicroEnergy Credits won the 2008 Global Social Venture Business Plan Competition. Today, MEC reaches over 80,000 households with clean energy services.
A Partner for Microfinance Institutions that are starting a Clean Energy Portfolio
MicroEnergy Credits provides a comprehensive set of services which enable leading Microfinance Institutions to rapidly launch sustainable clean energy lending programs. These clean energy programs include products vital to the livelihood and well being of microfinance clients including solar lighting, efficient and clean cookstoves, water purification and efficient housing. MicroEnergy Credits’ track record creating successful clean energy lending programs provides assurance to Microfinance Institution leaders that their clean energy lending program will start on a successful foundation. When the clean energy lending portfolio reaches critical mass, MicroEnergy Credits buys the carbon emission reductions, and sells them on the carbon markets. MicroEnergy Credits funds its own services through these proceeds, and then passes the majority of the carbon proceeds to the Microfinance Institution to scale up the clean energy lending program. The carbon funding is used for marketing and client education, after-sales customer service and maintenance, and lowering interest and principal costs to the client. To learn more about partnering with MicroEnergy Credits to start a clean energy lending program using carbon funding, please visit our Microfinance Institution Resource Center.
A Provider of Carbon Emission Reductions that transform livelihoods for the poorest households
MicroEnergy Credits develops investment-scale certified portfolios of carbon emission reductions which stem from positive change from the poorest households in the globe. By working through reputable Microfinance Institutions, MicroEnergy Credits can be sure that the emissions reductions are reaching target communities with market-based access to sustainable clean energy products. By aggregating emission reductions from many Microfinance Institutions, MEC is able to reach a significant volume of carbon emission reduction providing critical mass for commercial off-take agreements. MicroEnergy Credits maintains a proprietary carbon monitoring technology, Credit Tracker, which provides carbon purchasers transparent detail into the location and monitoring status of each individual clean energy installation catalyzed through MicroEnergy Credits’ program. To learn more about partnering with MicroEnergy Credits to contract CER Portfolios, please visit our Carbon Reducer Resource Center.
