The implementation
of the innovative ESI
model in Europe!

The ESI model is a set of financial and non-financial elements that work together to reduce the perceived risk, build trust in future energy savings and mobilise companies to invest in their energy efficiency. It features an Energy Savings Insurance (ESI) along other key components: a technical validation process, a standardised contract and a financing structure.

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The model's history

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2015
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The ESI model was developed by BASE, in collaboration with multilateral development banks, as a result of an extended experience of BASE in promoting investment in energy efficiency and the many lessons learnt through this journey. Conducting energy audits to companies as well as the availability of green credit lines from banks were not strong enough incentives to unlock energy efficient investments. One of the main barriers perceived from the potential end users of this investment, was the high risks of these energy efficiency upgrades not delivering the savings promised.

Hence, the idea of an insurance-based model that would help drive investments in energy-efficient systems by Small and Medium-sized businesses (SMEs) first germinated in 2015 in Latin America. BASE shaped it into the ESI model and set it into motion in Colombia and Mexico first.

This raised a big interest among stakeholders in other parts of the region, and the model is currently being used in El Salvador, Nicaragua, Brazil, Peru, Chile, Argentina, and Paraguay.

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Implement the
model with GoSafe
with ESI

In 2020, the GoSafe with ESI brand was launched and aimed at bringing the ESI model to the market, with the specific purpose of communicating directly to potential users and technology providers interested in offering the solution

Let's go!
Engineer GoSafe