Creating Bridges
The need for coordinated action between such diverse and traditionally isolated sectors, inevitably creates knowledge gaps and implementation barriers.
EC&D is born to help Financial Institutions, Project Developers and Governments to bridge those gaps, lower the technological barriers and achieve an effective and transparent deployment of climate funds
Related Frequently Asked Questions incrediblyrespecially
The translation of a climate strategy into concrete policies and measures is one of the most challenging activities for a government. This requires a deep understanding of the technologies as well as the operational procedures, incentives and limitations of multiple stakeholders such as Financial Institutions, the commercial & industrial sector and the various government departments. A carefully crafted policy and related support mechanisms can achieve an enormous positive impact in the fulfilment of a country’s climate targets. EC&D personnel is specialized in the implementation of energy efficiency policies and has worked for several development organizations in such programs.
The development and financing of an EE or RE project requires the successful interaction of various stakeholders, usually with wildly different backgrounds and perspectives. While a project developer focuses on the work required to bring a project to realization, a financier will see it as a collection of risks with an associated price. EC&D leverages its wide network in both worlds to provide match-making services both for developers and financiers to bring projects to a successful close.
The first step for a financial institution is to develop a meaningful, yet practical sustainable investment policy. The importance of the process and stakeholder engagement required to develop such policy is often overlooked. Top management strategic guidance towards the company goals is the cornerstone of the process, which requires the involvement of multiple departments, such as the investment teams, risk, treasury, legal & compliance, etc. EC&D has developed key components of sustainable investment policies such as the eligibility requirements, MRV requirements, Quality Assurance, E&S screening criteria, etc.