CABEI sponsors rational energy certificate for Honduran companies

01/07/2015

This initiative is particularly useful for improving the efficiency of energy companies and achieve lasting savings over time.

Tegucigalpa, July 2, 2015. - Through its Green MSME Initiative, the Central American Bank for Economic Integration (CABEI) is sponsoring the "2015 Energy Administrator Certificate," which is aimed at promoting the technical and financial capacities of the Honduran productive sector in order to generate concrete energy efficiency and renewable energy initiatives to further industry’s sustainability and promote climate change mitigation.

The workshop is being organized by the National Association of Industrialists (ANDI) with the support from the German Development Cooperation (GIZ) 4E Renewable Energy and Energy Efficiency Program in Central America and will be attended by a number of representatives from Honduran companies. The participants will learn about issues related to the Honduran energy situation and about different investments and mechanisms for promoting rational energy use at their companies.

"Implementing mechanisms and investment targeted at rational energy use will have a positive impact on companies’ competitiveness, in addition to contributing to climate change mitigation and environmental conservation," said Mr. Pedro Emilio Banegas, CABEI Country Manager for Honduras while presiding over the head table at the certificate inauguration ceremony.

The initiative complements other CABEI-run regional workshops, which seek to improve MSME sector conditions and its access to environmental investment financing.

CABEI’s Green MSME Initiative is a tripartite initiative with financial support from the German government’s KfW Development Bank and the European Union. The initiative has funds to finance small-scale renewable energy and energy efficiency projects amounting to US$44.5 million, which is channeled through CABEI’s network of financial institutions.

The Green MSME initiative also has resources amounting to US$4.5 million to provide technical cooperation to financial institutions, energy audits at MSMEs and studies for renewable energy projects, in addition to promoting and raising awareness about the issue.

Back