The project “Mecanismos y redes de transferencia de tecnología relacionada con el cambio climático en América Latina y el Caribe” (Climate Technology Transfer Mechanisms and Networks in Latin America and the Caribbean) is being developed with contributions from the Global Environment Facility (GEF). The project is administered by the Inter-American Development Bank (IADB) and executed by Fundación Bariloche de Argentina.
Fundación Bariloche hired Econoler to make an analysis of innovative and successful business models that enable cities in Latin America and the Caribbean to adopt efficient street light technologies.
Fundación Bariloche aimed to foster the transfer of knowledge within the region, specifically regarding new technologies and innovative models of energy-efficient street-lighting. Fundación Bariloche requested Econoler to make an in-depth assessment of several models being used in the region and in specific cities to present a broad overview of the current regional situation. The main findings of the analysis were shared through webinar as a mechanism for knowledge dissemination. The consultancy also developed a tool for assessing the main financial aspects of street-lighting projects.
Econoler carried out the following tasks:
- Analyzing different business models used in Latin American cities to implement energy-efficient street-lighting projects. These models include the public-private partnership, the energy service company, municipal implementation, and utilities among others. Each model was analyzed by looking at the various model components, namely: contract; financing; implementation; operation and maintenance; regulation; and guarantees.
- Developing six case studies of EE street-lighting projects (Argentina, Colombia, Mexico, El Salvador, Chile and Brazil) by focusing on all the aforementioned components of the business models, expected costs and savings, CO2 emission reduction and lessons learned.
- Developing a tool to help municipalities carry out prefeasibility studies, including technical-economic analysis of EE street-lighting projects and calculations of energy savings and CO2 emission reductions.
The results of Econoler’s consultancy were disseminated through a webinar to help introduce EE street light programs throughout the region.