Gold Standard Foundation

MicroEnergy Credits – Microfinance for Clean Energy Product Lines - Mongolia

GS ID

11616

Region

Mongolia

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estimated SDG Impacts

Good Health and Well-Being
Affordable and Clean Energy
Decent Work and Economic Growth
Climate Action

Project Type

Energy Efficiency - Domestic
Energy Efficiency - Domestic

Status

Gold Standard Certified Design

Gold Standard Certified Design

Project Developer

MicroEnergy Credits

Methodology

GS TPDDTEC V4.0: REDUCED EMISSIONS FROM COOKING AND HEATING – TECHNOLOGIES AND PRACTICES TO DISPLACE DECENTRALIZED THERMAL ENERGY CONSUMPTION

Crediting Period

Nov 12, 2019 ― Nov 11, 2024

Standards Version

Gold Standard for the Global Goals

Annual Estimated Credits

50,133

Project Scale

Small Scale

Project Type

Energy Efficiency - Domestic

Description

MicroEnergy Credits (MEC) is a social enterprise that helps low income microentrepreneurs and households in developing countries to invest in clean energy through their local microfinance institutions. Under this small-scale Programme of Activities (“SSC-PoA"), MEC will develop projects with microfinance institutions and clean product suppliers to market, distribute, and finance clean energy products in Mongolia. The Programme will promote efficient stoves for cooking and heating technologies.

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