With support from the Citibank Foundation, Arc published and disseminated in-depth research on innovative affordability mechanisms for off-grid, clean energy. The projected documented how these financial products – including lending, savings, remittances and leasing products – have dramatically improved the livelihoods of poor people around the world.
For details on this project, click here.
Arc conducted market research for a project, led by Gaia Consulting Oy, designed to test remittances as a means to finance energy efficiency products and technologies in Bolivia. The overall goal of the project was to reduce green house gas (GHG) emissions, improve resilience of low-income households to climate impacts on the energy sector, 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.
Arc Finance’s mission is to promote and expand access to financing for energy, water and other basic needs to build the income and assets of poor people around the world. Read our Fact Sheet (PDF). ►
Ulaanbaatar, Mongolia ranks as one of the most polluted urban areas on the planet. In 2009, XacBank, Mongolia’s largest microfinance institution (MFI), made a commitment to address this public health threat head-on. XacBank’s evolving model combines innovative approaches to product development, quality assurance, consumer education, logistics and distribution. XacBank is also among the first MFIs to leverage carbon revenues to help sustain operations. Read our Case Study (PDF). ►