Philanthropy organisations step up fight against energy poverty
Science-driven philanthropy organisation the Rockefeller Foundation this month announced the launch of the Global Commission to End Energy Poverty (GCEEP).
The GCEEP will drive an agenda towards providing electricity for millions of people in pursuit of the United Nations’ 2030 Sustainable Development Goals.
The GCEEP will accelerate the Rockefeller Foundation’s work on energy poverty and fast-track sustainable power solutions, investments and partnerships that will deploy globally over the next decade.
Itwill be cochaired by Massachusetts Institute of Technology (MIT) physics professor Ernest Moniz, Rockefeller Foundation president and former US Energy Secretary Dr Rajiv Shah and African Development Bank president Akinwumi Adesina.
About 840-million people do not have energy access and, according to the World Bank, 650-million people will still lack access in 2030.
Ninety per cent of these 650-million people live in sub-Saharan Africa.
“Access to electricity has increased dramatically in the past two decades, thanks to massive public and private investment in grid infrastructure; however, to reach those who remain beyond the reach of the grid, it will require redoubled investment, innovative thinking and cooperative action on the part of a host of individuals and institutions.
“Our commission brings together an extraordinary group of leaders with unique talents and knowledge and a determination to finish the job,” noted Moniz.
The commission intends to forge consensus that lays out viable pathways for accelerating energy access cost efficiently. It comprises heads of development banks, utilities and off-grid firms, along with senior academics, industry leaders and investors.
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