United Nations has called on
businesses, governments, and
civil society to achieve Sustainable
Energy for All by 2030
November 27, 2013 – Toward Universal Energy Access – Launch of United Nations Foundation’s 2013 Energy Access Investment Directory
Washington, DC – November 27, 2013 – The United Nations Foundation today announced the launch of the Energy Access Practitioner Network’s Directory, “Investing for Energy Access: 2013 Directory of Investment and Funding Opportunities.” This new directory provides an overview of opportunities to invest in more than 140 companies and organizations delivering a range of decentralized energy solutions in developing countries, as a contribution to the Sustainable Energy for All objective of ensuring universal energy access by 2030.
The directory reflects the results of a 2013 survey of Practitioner Network members in an array of developing countries, highlighting their individual and aggregated investment and financing needs, including early-stage equity and project debt as well as concessional financing – totaling some US $250 million – and a range of technical assistance requirements. The Investment Directory will be used to connect investors and donors with members of the Energy Access Practitioner Network. Respondents were drawn from a wide range of start-up and established commercial companies, social enterprises, and non-profit organizations focusing on delivering micro-grid and off-grid renewable energy solutions, as well as manufacturing and other services. Collectively they have reached more than 16.5 million people at household and community levels with sustainable energy solutions in 2012.
Since the launch of the Energy Access Practitioner Network in 2011, the Network has grown rapidly and now includes more than 1,500 business and organizational members from 191 countries, delivering a wide range of technologies and services. Members have long highlighted the ongoing need for financing that is tailored more closely to the needs of the sector, and this directory represents a first opportunity to catalog these diverse financing requirements.
To find out more about the Energy Access Practitioner Network and its new Investment Directory, please contact Lauren Carroll at email@example.com.
United Nations Foundation
The United Nations Foundation builds public-private partnerships to address the world’s most pressing problems, and broadens support for the United Nations through advocacy and public outreach. Through innovative campaigns and initiatives, the Foundation connects people, ideas, and resources to help the UN solve global problems. The Foundation was created in 1998 as a U.S. public charity by entrepreneur and philanthropist Ted Turner and now is supported by global corporations, foundations, governments, and individuals.
About Sustainable Energy for All
The Secretary-General’s initiative set out three objectives for 2030 that are both ambitious and achievable if the right conditions and investments are put in place:
• Ensuring universal access to modern energy services;
• Doubling the global rate of improvement in energy efficiency; and
• Doubling the share of renewable energy in the global energy mix.
For more information, visit http://www.se4all.org/.
About Energy Access Practitioner Network
As a part of the Sustainable Energy for All initiative, the Energy Access Practitioner Network promotes universal access to modern energy services. With more than 1,500 members, the Network focuses on decentralized low-carbon household and community-level electrification. It supports innovative financial and business models in predominantly market-based applications that also help address development issues related to income generation, health, agriculture, education, small business, and telecommunications.
For more information, visit www.energyaccess.org.