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Dear Critics: Here’s Why the Off-grid Energy Industry Needs Impact Investment
Off-grid lighting trade organization GOGLA responds to a recent post from Ceniarth critical of "hype" in the energy access sector. Consider the off-grid market within the context of the wider world and economy around it, say John Keane and Laura Sundblad, and remember that millions of households around the globe live with unreliable, dangerous, inadequate and ultimately extremely expensive means of lighting and basic energy.
- Categories
- Energy, Environment, Investing
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Hype in the Energy Access Sector (Finally!)
Leaders at Persistent Energy, an impact investor focused on the renewable sector primarily in West Africa, push back against a recent NextBillion post by Ceniarth positing the industry has become overhyped. While there has been some hype about a handful of established companies, they argue, the bigger concern is that not enough capital is flowing into the sector to give it the opportunity to prove itself.
- Categories
- Energy, Environment
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How Can Inclusive Business Advance the SDGs?
Two recent publications released in the context of the Sustainable Development Goals' first anniversary share the view that inclusive business is a part of the solution to deliver on the SDGs. That's a sign of progress, according to Jenny Melo, but we still need to go deeper in the conversation and ask for impacts, measurements and specific connections.
- Categories
- Education, Energy, Environment, Health Care, Social Enterprise
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Energy Urgency: Why the Global Mining Industry is Embracing Renewables
November’s elections have given the 2015 Paris agreement unprecedented urgency, as 194 signatories race to keep temperatures below 2 degrees Celsius. Yet COP21’s enduring challenge for investors – scaling climate-resilient industries in the developing world – remains elusive. Meanwhile, according to Joseph Kirschke, mines around the world are innovation and energy-intensive ecosystems brimming with solutions just below the surface.
- Categories
- Energy, Environment, Investing
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Social Business Roundup: The Problem with Sachets, the Beauty of Rats and the Dark Side of Cross-Selling
Everyone seems to love the products in individually-sized sachets being sold at the BoP ... except for Mother Nature. Ethiopia's only too happy to roll out the welcome mat for some rats with amazing TB-sniffing skills. A questionable cross-selling strategy in South Africa harms a vulnerable population and raises uncomfortable questions about financial inclusion. It's all part of our weekly Social Business Roundup.
- Categories
- Environment, Health Care, Social Enterprise, Technology
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How Water.org ‘Took a Leap of Faith’ into Social Impact Investing
As we recognize World Water Day, Water.org is launching a $50 million fund, targeting enterprises in India, Indonesia, Cambodia and the Philippines that help the poor meet their water and sanitation needs – with a particular focus on MFIs. This seven-year fund, managed by the nonprofit's WaterEquity initiative, aims to reach at least 4.6 million people at the BoP, while offering pre-tax financial returns of 3 percent.
- Categories
- Environment, Impact Assessment, Investing, Social Enterprise
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Saving Lake Atitlán: Women-Focused Business Provides Clean Water – and Good Jobs
After seeing that Guatemala's Lake Atitlán, where she was baptized, was contaminated, leaving thousands without jobs and clean water, Francesca Kennedy founded the social enterprise Ix Style. The company employs local female artisans to make Huarache sandals and bags, and donates 15 percent of proceeds to purchase water filters for families in Guatemala.
- Categories
- Environment, Social Enterprise
- Tags
- public health
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A Simple, Painless Way Governments Can Help the Poor and the Environment
In Haiti there’s a 15 percent tariff and tax on clean cookstoves. Based on elasticity of demand, Dalberg projects that if improved cookstoves’ taxes and tariffs were eliminated, their annual sales would increase by 13 percent, from 185,000 to 209,000. This in turn would mitigate costs associated with health and environment consequences of traditional cooking techniques.
- Categories
- Environment, Health Care
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