Involving the banking sector in sustainable energy financing in Mexico

Implementing organization: rankfurt School of Finance & Management gGmbH    Duration: 08/2009 - 07/2010 Main counterpart: BASE, CONUEE, INCAE IKI area: Adaptation, Mitigation







Initial situation 

The project developed training programmes to equip professionals from banks and local financial institutions with the skills needed to assess renewable energy investment projects. To determine risks, banking-sector staff require specialized knowledge in a range of areas, such as the specific characteristics of each type of renewable energy and electricity sales. The training programmes were designed in an electronic format, facilitating their use in other Latin American countries. 

Objectives

Strengthen the capacities of professionals from banks and local financial institutions to assess renewable energy investment projects.

Activities

  • Training for 27 bankers from Mexico and other Latin American countries on the development of financial products for low-emission technologies. 
  • Two energy efficiency projects in the hotel sector were financed by two local banks. 
  • Development of a tool to calculate the carbon reduction potential of sustainable energy investments. 
  • Creation of a knowledge centre to carry out future training programmes.