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Energy Efficiency Opportunities for Manufacturing Industries

Energy Efficiency Opportunities for Manufacturing Industries. Central American Bank for Economic Integration (CABEI). Central American Bank for Economic Integration (CABEI). Multilateral development bank focused on the Central American Region. Founded in 1960. Members: 13

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Energy Efficiency Opportunities for Manufacturing Industries

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  1. Energy Efficiency Opportunities for Manufacturing Industries Central American Bank forEconomicIntegration (CABEI)

  2. Central American Bank for Economic Integration (CABEI) • Multilateral development bank focused on the Central American Region. • Founded in 1960. • Members: 13 • Headquarters in Tegucigalpa, Honduras.

  3. Strategic Focus • As part of its Institutional Strategy 2015-2019, CABEI defined 6 areas of focus to contribute to the development of the Central American region. Human Development and Social infrastructure Our Clients Productive Infrastructure Energy Rural Development and Environment Financial Intermediation and Development Finance Competiveness Services

  4. Green MSMEs InitiativeSME Program – Energy EfficiencySME Program – Renewable Energy The Green SMEs Initiative´s purpose is to contribute to the environmental and climate protection through the Micro, Small and Medium Enterprises in Central American region.

  5. FI FI FI General Scheme of the Green MSME Initiative 3 million Euros (reimbursable funds) 30 million Euros (reimbursable funds) 3 millions de Euros (non-reimbursable funds) CABEI –Implementation Agency MSME/Small renewable energy projects developers

  6. Characteristics of the Green MSMEs Initiative

  7. What kind of risks and barriers has the financing of EE in the industrial sector? • The limited experience of financial institutions in energy efficiency projects. • The lack of financial mechanisms that reduce the risk of energy efficiency projects in the industrial sector. • Investments in energy efficiency projects are not a priority of the industries. • The prices of efficient equipment are higher than the prices of conventional inefficient equipment.

  8. What kind of public finance mechanisms are needed to support EE in the industrial sector? • Promote tax incentives for importation of efficient equipment. • Establishment of investment funds with non-reimbursable contributions. • Establishment of guarantee schemes to reduce the risks in energy efficiency investments. • Promotion and development of mechanisms intended to simplify the procedures related to importation of efficient equipment.

  9. What are the main challenges to implement an Energy Performance Contract (EPC) and position ESCOs to provide EE services to the industry sector? • Improve the reliability on ESCOs to provide energy efficiency services/projects. • The financing structuring of investments to include industries and ESCOs. • Establish financial products for ESCOs that reduce the risk of their energy efficiency projects.

  10. ¡Thank you!

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