IIX, SEAS Sign MoU To Promote Growth Of Social Enterprises In Asia Pacific

Monday, October 22, 2012

SINGAPORE, Oct 22 (Bernama) — Impact Investment Exchange Asia (IIX) and the Sustainable Energy Association of Singapore (SEAS), today signed a Memorandum of Understanding (MoU) to solidify joint efforts to promote the Social Enterprise (SE) space in the sustainable energy sector.

This is a significant step forward in continuing both organisations goals of creating more inclusive energy access for the millions currently in Asia without dependable sustainable energy options.

In Asia today, over 700 million people are still without access to electricity and almost two billion people still burn wood, dung, and crop waste to cook and heat their homes.

With energy demand projected to double by 2030 in the Asia Pacific, much of it driven by developing economies, the time is now in advocating innovative and clean energy solutions that are reliable, accessible and affordable.

Source: Bernama (link opens in a new window)

impact investing, social enterprise