RG-M1002 : Central American Renewable Energy and Cleaner Production (CAREC) Facility
Project Status: Completed
The general objective of the project is to promote the use of renewable energy technologies for power generation and to improve the use of energy and other inputs for companies' operations in Central America. The purpose of this CAREC Facility is to provide mezzanine-type financing for SMEs in the areas of proven renewable energy, cleaner production, and energy efficiency related deals in Central America. Such deals will also have a myriad of socio-economic and environmental benefits: small enterprise development, increased productivity, an alternative to fossil fuel dependence and improved health through reduced levels of harmful emissions.