IIC Holds Second Course under Scholarship Program for Energy Engineers in Central America

09/04/2013

IIC trains 50 energy engineers from five Central American countries under its GREENPYME initiative

San José, Costa Rica, September 4, 2013 — The Inter-American Investment Corporation (IIC) recently awarded 50 scholarships to train prospective energy auditors in Central America under its GREENPYME initiative.

The scholarship recipients underwent intensive training in a 48-hour course on theory and practice and gained first-hand experience in energy auditing. They also acquired skills for advising projects that promote energy saving.

In each country, the engineers who had been trained performed an energy audit of a business and issued recommendations to boost its energy efficiency and make it more competitive. The training was conducted in June and July in Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua.

“The GREENPYME scholarship program offers engineers seeking energy-efficiency training an excellent opportunity to help small and medium-sized enterprises (SMEs) adopt better energy practices," noted Jorge Roldán, chief of the IIC Technical Assistance and Strategic Partnerships Division. "The participants increased their knowledge and applied it to an actual case. They also gained an understanding of the new challenges and professional opportunities in the field of energy efficiency.”

GREENPYME encourages SMEs to make more efficient and sustainable use of energy resources and promotes renewable energy in Latin America and the Caribbean. The initiative provides training, technical advisory services, and energy audits, helping companies implement cleaner technologies and adopt good energy efficiency practices for greater competitiveness and sustainability.

Funding for GREENPYME is provided by the IIC and the Nordic Development Fund (NDF) through the IIC-NDF Trust Fund. NDF is a joint development institution of Denmark, Finland, Iceland, Norway, and Sweden with the mandate of financing climate change interventions in developing countries.

About the IIC

The IIC, a member of the Inter-American Development Bank (IDB) Group, promotes private-sector development in Latin America and the Caribbean with a focus on small and medium-sized enterprises. We help companies streamline management processes and provide them with financing in the form of equity investments, loans, and guarantees. In 2012, the IIC approved 73 operations totaling US$378.9 million. Throughout our history, we have approved nearly 800 direct loans to SMEs and financial intermediaries, for a total of US$4.8 billion. An additional US$2.8 billion has been mobilized through cofinancing and syndication agreements. For more information on IIC activities, visit www.iic.org.

Contact: Jorge Roldán

Telephone: +1 (202) 623-3948

Email: jorgero@iadb.org