Apr
26
In a deal that combines microloans in Mongolia with the sale of carbon credits on the European Union Emissions Trading Scheme (EU ETS), Citi’s London-based Environmental Products Trading and Origination team, working with Citi Microfinance, has agreed to purchase 1.17 million metric tonnes of carbon credits over the next seven years from Seattle-based social enterprise [...]
Posted by April on April 26, 2012 at 5:26 pm
Apr
26
MEC’s Credit Tracker technology is being put to the test in Mongolia by our partner XacBank. XacBank’s sales of clean energy products have ramped exponentially this year and are now exceeding hundreds of households per day. This video gives a real sense of what the day to day operations are like.
Posted by April on April 26, 2012 at 3:38 pm
Apr
21
Interested in working at the nexus of microfinance and clean energy? MicroEnergy Credits is now accepting applications for its 2011 cohort of MEC fellows. MicroEnergy Credits’ fellows work on-site with a microfinance institution for one or two years, leveraging MEC’s infrastructure, experience and global resources to implement a successful clean energy product line at the MFI. [...]
Posted by April on April 21, 2011 at 11:36 am
Mar
07
Monday
Today MEC is headed to Mongolia to work with our partner XacBank, a microfinance institution that has started lending for clean energy products like efficient housing and efficient stoves. We are prepared for cold weather: (-30 degree Fahrenheit), and pollution, that in the winter is the worst in the world. Puffy coats, and pollution masks [...]
Posted by April on March 7, 2011 at 11:55 am
Sep
13
MEC was highlighted this week in the Economist as one of several promising enterprises that can help transform energy usage for billions living in developing areas. They note:
“…microfinance institutions may lack the funds to identify reliable energy suppliers, educate loan officers about clean-energy technologies and build a support network for energy schemes. One way to [...]
Posted by April on September 13, 2010 at 8:05 pm
Jun
18
Read the full article here
Posted by April on June 18, 2010 at 1:48 pm
Jun
18
MEC has helped thirteen financial institutions, reaching over 8.5 million entrepreneurs in 10 countries get access to carbon funding for clean energy programs.
Posted by April on June 18, 2010 at 1:12 pm
Mar
21
Now for a post from MEC fellow Jennifer, stationed in Lucknow, India:
On March 18th and 19th, Aryavant Gramin Bank (AGB) and Tata BP Solar, held a training program for over 200 facilitators, who are employees of AGB. These facilitators are responsible for advertising the solar lighting home system (SLHS) program, overseeing installation, as well as [...]
Posted by April on March 21, 2010 at 2:16 pm
Jan
20
Yurtcozy’s new peer-to-peer carbon website, http://yurtcozy.org, is already helping families in Mongolia cut their fossil fuel use and live more comfortably at the same time. This week’s blog showcases three new Yurtcozy eco-entrepreneurs, who have improved their daily quality of life as a result of your carbon purchases.
Dashdavaa Myangan is a grandmother living with her [...]
Posted by April on January 20, 2010 at 7:27 pm
Dec
11
People like you and me now have a new way to help reduce climate change – by helping families and small businesses in places like Mongolia and India get access to clean energy.
The way it works is quite simple. You or I log into the website and purchase a “carbon credit”-denominated in tons of CO2 [...]
Posted by April on December 11, 2009 at 4:51 am
