Micro Energy Credits Corporation (MECC) Seeks Volunteers
July 18, 2008 1 CommentIn order for small-scale clean energy to reach 250 Million households world wide, it must be propagated through a system capable of exponential growth. Microfinance is an example of such a system. As the first loans are paid back, this creates greater demand for loans, and strengthens the capacity of the institutions to offer them. A similar system can work for sustainable small energy investments, by using standardized financial instruments (Credits) to reward Microfinance Institutions (MFIs) for brokering clean, healthy energy investments among their clientele (a market of over 250 Million households globally).
MicroEnergy Credit Corporation has developed two financial instruments that MFIs can use to offset risks they face entering sustainable energy markets.
1) MFI-Originated Carbon Credits have key features which allow them to be originated locally and then aggregated for sale. They are attractive to MFIs for their lower transaction costs and greater ease of use than standard carbon market approaches.
2) MDG Credits are a new financial product based on the Millennium Development Goals. One MDG credit represents 1% of one household achieving that MDG in a specific country. For example if a household raises its income over $1/day solely as a result of an energy investment, that is worth 100 MDG 1 Credits.
Website: www.microenergycredits.com
Positions
1) Grant-writer: MECC will be seeking several grants over the next few months to fund start up operations. We are seeking an enthusiastic individual with excellent writing skills. Previous grant-writing experience a plus
2) Market Research Analyst: MECC has collected a lot of information on the market size and demand for renewable energy. We are looking for someone with advance financial modeling skills who can compile and analyze the information and data
Contact: info@microenergycredits.com
Job Postings
As a person who works in the energy saving business these are two interesting posts for a very encouraging project.