Madan, Aarti Smith
Madan, Ryan Smith
COSTARICA / Costa Rica
Ener-G Tech Investment
This report explores financing strategies for energy service companies (ESCOs) in Costa Rica. ESCOs, like Ener-G Tech Investments, partner with businesses to complete energy efficiency projects, generating monetary savings and environmental benefits. The ESCO industry here is undeveloped and unsupported. We identified three financing strategies to encourage more efficiency projects: carbon offsets, sustainable banking and crowdfunding. To summarize, offsets are not currently viable, domestic banks have environmental loan options, and a crowdfunding campaign was initiated for an Ener-G project.
Worcester Polytechnic Institute
Interactive Qualifying Project
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Humanities and Arts