Mexico City, Mexico — (METERING.COM) — September 12, 2008 – Funding of US$0.75 million from the Japanese Trust Fund for Consultancy Services at the Inter-American Development Bank (IDB) is being provided to support the development of pilot projects targeting energy efficiency and increased use of alternative energy sources in low and medium income households in the Mexican state of Baja California.
Studies will focus on identifying and evaluating projects that are financially feasible for users and can be reproduced in other communities. Another goal will be to establish energy efficiency standards and regulations, as well as conditions for attracting future investments to Baja California and other states in Mexico.
“The idea is to learn from pilot projects on energy efficiency and solar energy resources so that the future will hold more options for supplying sustainable energy at accessible prices,” says IDB project team leader Arnaldo Vieira de Carvalho. “This will also have a positive impact on the environment, because most of the state’s energy currently comes from fossil fuels.”
The project will be executed by the IDB in conjunction with Mexico’s National Energy Savings Commission (Comisión Nacional para el Ahorro de Energía, CONAE) and the government of the State of Baja California. It was designed and will be implemented in coordination with the IDB’s Sustainable Energy and Climate Change Initiative (SECCI), whose core objectives are to stimulate greater investments in development of energy efficiency, renewable energy, carbon financing and climate change adaptation.
The Japanese Trust Fund for Consultancy Services was established by the government of Japan in 1995 and promotes cooperation and knowledge transfer from Japan by utilizing Japanese consultancy expertise.