Arc Projects: Nordic Development Fund

Financing Sustainable Energy through Remittances Flows

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.