FMO, the Dutch development bank, mandated MACS Energy & Water with a technology and market review to assess the feasibility of energy efficient and less harmful heating technologies as an alternative to the coal-fuelled stoves, which are in widespread use in Ulaanbaatar’s ‘Ger’ (nomad tent) districts.
Our market assessment is the first step in a wider intervention by FMO, the Global Green Growth Institute (GGGI) and the Mongolia Bankers Association (MBA), in the framework of the Mongolian Sustainable Finance Initiative (MSFI).
Our assessment and insights shall provide guidance in determining the most effective means to deploy investments aiming at reversing the highly unsatisfactory air quality situation faced by the residents of Ulaanbaatar. Air quality in the city has degraded over recent years – caused in large part by changing climatic conditions and the knock-on effects from the city’s rapid population expansion.
Holger is Energy and Process Engineer and the Head of our Energy Department. He holds an engineering degree from the Berlin Technical University and has about 20 years of experience in the evaluation, design and management of energy projects, including energy service companies (ESCO).
At MACS, Holger plays a key role in developing and steering the company’s activities in the field of renewable energy and energy efficiency (RE/EE). As a chief engineer, project manager and deputy project manager, he has led several expert teams during the implementation of RE/EE credit lines in Southeast Europe. Currently his focus is on the technical operations lead in the MACS role of the Technical Advisor of the GGF (Green for Growth Fund). Moreover, he has carried out market studies for RE/EE in countries like Turkey and Mozambique.
Driven by the vision of sustainable solutions of RE and EE measures counteracting climate change and the carefree depletion of natural resources, he has been key for the development of our standardized validation approach for energy savings and CO2 emission reductions (eSave).
Heading the Energy Department, he is also representing the company in our relations with clients and partners.