Central American Guide for the Financing of Carbon Projects


This document was prepared by BUN-CA, in coordination with Finland’s GreenStream Network Ltd. under the auspices of the Alliance for Environment and Energy with Central America in Finland, as the EU Emissions Trading scheme will create obligations for some 200 Finnish companies and 5,000-6,000 European companies.


Given that Central America offers good opportunities for sustainable energy projects that can generate reduction of CO2 emissions. For example, the Central American countries had, by the year 2002, a population close to 38 million inhabitants and a total GDP of more than US $ 61 billion (at constant 1995 prices), which shows a broad regional market, with possibilities of access to foreign investment.


This Guide is focused on the Finnish market as this country has the latest technology and knowledge in renewable energy.


This guide was developed in the seven countries of Central America, namely: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. At the technological level, it includes information on all the renewable sources used in Central America, biomass, geothermal, hydro, solar, wind, and for small-scale projects (less than 15 MW).