MicroEnergy Credits Corporation

(For-profit organisation)

The MicroEnergy Credits Corporation (MEC)is a social enterprise which links microfinance institutions to the carbon markets when they lend for clean energy. MEC sells the carbon credits earned by replacing dirty fuels like kerosene, wood, coal and dung on the voluntary carbon markets and passes the carbon revenues along to its partner institutions. The institutions can then use the revenues to offset their costs of running the clean energy programme or can pass the savings along to the client in the form of reduced interest rates, free battery replacements or other benefits.

Website

http://microenergycredits.com/

Year established

2001

About this organisation

Partnership types

Advocacy of global issues; Provision of services / personnel

Regions / countries / territories

Americas: United States

Global issues

Energy; Environment and climate change; Financial accessibility and management

Business sectors

Finance