MicroEnergy Credits (MEC) makes it simple for Microfinance Institutions (MFIs) to finance clean energy products and receive revenues from the carbon markets. To get started now:

How does the Microfinance Carbon Program work?

MEC works with Dublin-based EcoSecurities, a premier carbon trading firm, to turn the clean energy investments financed by MFIs into “carbon credit” securities which are marketed on either the voluntary or the compulsory carbon markets.

MFI benefit when they lend for:

  • Solar home lighting systems
  • LED lanterns
  • Biogas digesters
  • Efficient cookstoves
  • Efficient housing
  • Solar water heating systems

These technologies provide environmental benefits as well as better quality of life and income generating potential for your clients

Until now the carbon markets had focused almost exclusively on large energy projects, because the transaction costs associated with carbon projects were too high to justify small projects. MEC aggregates the carbon credits from a global pool of MFIs, creating sufficient volume to reduce the transaction costs. This opens up the market for microfinance clients to take advantage of this valuable new source of finance.

MEC enables MFIs to structure the carbon revenues into high value benefits to the client such as:

  • Reduced interest
  • Longer loan terms
  • Improved marketing and education
  • Improved after sales service

Your MFI can benefit from recurring revenue streams as carbon revenues are renewable every year as long as the client continues to use the clean energy product. Your MFI will continue to benefit from increased carbon revenues when your clients expand their use of clean and energy efficient technologies as their quality of life and capacity to invest increases.

If your MFI is interested in providing loans for clean energy and energy efficient products, MEC can assist in the identification of clean energy products, program design, staff training and ongoing support. If your MFI has already established a capacity to lend for clean energy products, MEC can work with you to calculate the carbon emissions offset by the clean energy products and incorporate the practices needed to capture carbon market revenues as you scale up the energy lending to more clients.

Testimonials:

“I was inspired by what you do. We shall definitely work with you.”
— Ingrid Munroe, Jamii Bora

“Micro energy credits partnership will add a great value for MFI clients and Grameen Koota.”
— Suresh Krishna, Grameen Koota

To request a toll free access code to our next introductory conference call please contact us.