EVO has developed an IEEFP  which provides guidelines for Local Financing Institutions ("LFIs") around the world to evaluate and finance energy efficiency and savings-based renewable projects ("Energy Savings Projects").  The IEEFP is a long-term "grass roots" solution to financing Energy Savings Projects.  It is envisioned that the IEEFP will ultimately become the global "blue print" for educating and training LFIs around the world on the special intricacies and benefits of financing Energy Savings Projects.  The IEEFP's objective is to create a better understanding by LFIs and other global stakeholders on how Energy Savings Ps generate savings from existing operating expenses of end-use consumers, and how this equates to new cash flow and increased credit capacity for end-use consumers to repay EEP loans.  At the core of the IEEFP is the need to measure and verify energy savings created by the Energy Savings Projects to ensure sustainability of the reduced energy costs and the resulting available cash flow to repay the LFIs.

Recognizing the importance of such a standardized financing protocol, the Asia Pacific Economic Cooperation ("APEC") awarded EVO a contract in September, 2005 to fund a portion of EVO's initial development of the IEEFP in two of its member economies, namely Mexico and Thailand.  The initial effort has encompassed research and development of "Best Practices" currently used by the LFIs in each economy to finance Energy Savings Projects  The "Best Practices" Reports are complete and Implementation Plans to develop an IEEFP  in each Economy are also complete.  The results from these first two APEC economies will feed into a larger effort for EVO to develop an "umbrella" protocol, which will outline approaches and methods that, with minor modification, could be leveraged to enhance approaches to financing Energy Savings Projects in all APEC economies and elsewhere in the world. EVO is in the process of raising funds to set up its internal infrastructure needed to develop the "Umbrella" IEEFP, which will eventually become a repository for "Best Practices" of financing Energy Savings Projects around the world.

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View related presentations or contact Thomas K. Dreessen, Chairman of EVO's IEEFP Committee, at the following coordinates:

Thomas K. Dreessen
Phone: 215-230-9871
Cell:     215-205-5785
Email: tkd@epscc.com