MSEFII ("the Fund") will follow-up on the work of its predecessor fund, MSEF I, and build on its experience, infrastructure and network in the region.
The Fund's investment strategy is twofold. Firstly, it will invest ca. 65% of its capital in Energy Efficiency projects: the returns of these investments are driven by energy savings. These projects are mainly focussed on the commercial & industrial sector: energy saving at hotels, industries, large buildings (warehouses, supermarkets etc.). Second, it will invest ca. 35% of its capital in Renewable Energy projects, like solar PV, wind and small-scale hydro projects. Just like the Energy Efficiency projects, the Renewable Energy projects are located in Latin America, in amongst others, Colombia, Costa Rica, Panama, Mexico etc.
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism