The project finances Investment-Grade Audits done by local Energy Service Companies (ESCO) for energy efficiency projects to make these bankable and reduce risks to investments. The IGA will demonstrate the impact of energy efficiency measures in terms of tangible energy costs savings on clients' balance sheets and on GHG emissions reductions. The program also contributes in growing the local ESCO industry by engaging with different ESCOs and opening up the market for them. This program is led by Climargy, which is one of ETP’s grantees under the Energy Efficiency Innovation Window.
