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	<title>MicroEnergy Credits &#187; Press</title>
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	<link>http://microenergycredits.com</link>
	<description>Enabling Clean Energy for the Bottom of the Pyramid via Microfinance</description>
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		<title>The Challenge of Low Carbon Investing in Developing Countries</title>
		<link>http://microenergycredits.com/2008/09/02/the-challenge-of-low-carbon-investing-in-developing-countries/</link>
		<comments>http://microenergycredits.com/2008/09/02/the-challenge-of-low-carbon-investing-in-developing-countries/#comments</comments>
		<pubDate>Wed, 03 Sep 2008 04:52:27 +0000</pubDate>
		<dc:creator>James Dailey</dc:creator>
				<category><![CDATA[Carbon Offset]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Press]]></category>

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		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<p>MicroEnergy Credits was mentioned in <a href="http://www.eenews.net/cw/">Climate Wire</a> today in a fascinating article by Lisa Friedman about the challenges of low-carbon investment in developing countries:</p>
<p>“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&#8217;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.</p>
<p>&#8220;It&#8217;s completely transformative,&#8221; 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, &#8220;enable a sustainable market-based approach to rolling out clean energy as opposed to dirty.&#8221;</p>
<p>See the full article <a href="http://www.earthportal.org/news/?p=1620">here</a></p>
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