Our projects> Financing Sustainable Energy Through Remittances Flows

Financing Sustainable Energy Through Remittances Flows

Closed
Mitigation
Energy
Financial services
Call 2
Bolivia
Time consumed
 
Start: 16-Dec-11 End: 16-Dec-15
Lead Nordic partner
Gaia Consulting OY
Country of Lead Nordic partner
Finland
Local partner(s)
Fundación AMIBE CODEM/ ACOBE - Asociación de Cooperación Bolivia España
Other partner(s)
Basel Agency for Sustainable Energy, and Arc Finance
NCF grant size
476,246
Total project cost
757,362
Technologies
ICT tools, Solar photovoltaic systems
Methods
Branding/marketing support, Financial instruments
Country of implementation:
Bolivia
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Description

The objective of the project was to reduce greenhouse gas (GHG) emissions and improve resilience of low-income households to climate change impacts. In addition to the climate related goals, the project also aimed to reduce the cost for energy in urban and rural low-income households and to raise awareness about cleaner and less energy intensive energy sources. The project has set up an innovative business...
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Objective

The objective of the project was to reduce greenhouse gas (GHG) emissions and improve resilience of low-income households to climate change impacts. In addition to the climate related goals, the project also aimed to reduce the cost for energy in urban and rural low-income households and to raise awareness about cleaner and less energy intensive energy sources. The project has set up an innovative business...
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Results

The project has encouraged Bolivians living in Spain and/or in Bolivia to channel remittance income to purchase renewable energy products or more energy-efficient appliances for their relatives in Bolivia. These devices will then be delivered to Bolivia. The project has targeted approximately 50,000 Bolivian immigrants living in Spain and 250,000 potential remittance recipients in Bolivia through various marketing and sales measures. The target group in...
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Relevant links
Gaia Consulting Oy, Fundación AMIBE CODEM/ ACOBE - Asociación de Cooperación Bolivia España

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The Nordic Climate Facility (NCF) is a challenge fund that finances innovative climate change projects.

CONTACT INFORMATION

P.O. Box 185

FIN-00171 Helsinki

Finland

Tel: +358 10 618 002

Fax: +358 9 622 1491

NordicClimateFacility@ndf.int

NCF is financed and managed by the Nordic Development Fund (NDF)