After 16 months of intensive and innovative work, Sociedad de Ahorro y Credito INTEGRAL of El Salvador and Enclude BV concluded their joint energy efficiency project with a closing ceremony on July 4th. Mrs. Carmiña Moreno of the IADB presided over the event, along with Mr. Luis Castillo, President of Integral; Mr. Juan Pablo Meza, General Manager of Integral; and Messrs. Stefan Platteau, and Juan Vega representing Enclude.
At the closing event, speakers presented the achievements of the project and emphasized that the work under EcoMicro has transformed Integral’s ecological consciousness and nurtured the belief that green business is lucrative for the institution as well as for its clients. With this project, Integral has taken decisive steps towards becoming a green financial institution and has further proven its adherence to the sustainability vision of the Global Alliance for Banking on Values (GABV www.gabv.org), of which it is a proud member.
Throughout the project, a team of national and international experts from Enclude worked alongside Integral’s management and field offices to achieve all goals, including the design and piloting of a green finance product, the introduction of a country wide climate risk analysis tool and the reduction of Integral’s carbon footprint. The project was made possible through the EcoMicro Program (www.ecomicro.org), a Program of the Multilateral Investment Fund (MIF) of the InterAmerican Development Bank (IADB).