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Funding the Fight Against the World’s Oldest Fuel Source: How New Financing Mechanisms in Clean Cooking Can Succeed Where Grants Have Failed
The use of biomass fuel for cooking has remained consistent over the centuries, despite the development sector's efforts to scale global access to clean cookstoves. As Paul Ronalds at Save the Children Global Ventures argues, a key reason for this failure is the estimated $5.5 billion annual funding gap facing clean cooking initiatives — a gap that traditional sources of finance, like private donations and government grants, have been unable to fill. He discusses several funding solutions, including carbon credits, that could help the clean cooking sector finally end the era of biomass fuel.
- Categories
- Energy, Environment, Investing, Technology
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Mirova Invests $15 Million in African Solar Energy Provider
The funding will help pay for the construction of the firm’s pipeline of projects, aimed at boosting access to renewable energy.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: A First-Of-A-Kind Approach to Building Resilience of Coastal Communities Unveiled to Coincide With UNGA and Climate Week 2024
Reshore360 presents a comprehensive blueprint for protecting at-risk populations living in coastal regions and islands.
- Categories
- Environment
- Region
- Global
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US Government Backs Water Unite Impact to Fund the Water Sector’s Missing Middle in Emerging Markets
WUI is managed by Wellers Impact, an FCA-authorised impact investment manager with offices in London and Nairobi.
- Categories
- WASH
- Region
- Global
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Press Release: Goodwell Enters the Ugandan Market With Investment in the Agent Banking of Company Uganda Ltd (ABC)
The funding will enable ABC to pursue ambitious goals for growth, including expanding its client base, increasing agent coverage, and deploying new services.
- Region
- Sub-Saharan Africa
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Bill Gates Pledges to Inject $2.8 Billion into Nigeria’s Healthcare, Agricultural Sectors
The investment is part of an effort to address Nigeria’s escalating health and food insecurity crises, which have left millions vulnerable across the country.
- Categories
- Agriculture, Health Care, Investing
- Region
- Sub-Saharan Africa
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International Investors Raise $34.5 Million for Digital Finance Firm Serving Indian MSMEs
FlexiLoans seeks to improve access to financial resources for millions of micro and small-scale entrepreneurs who are excluded from traditional lending, because they lack a conventional credit history.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Replacing Old Technologies or Creating New Markets?: The Pros and Cons of Two Paths to Impact for Productive Use of Energy
Productive use of energy (PUE) technologies have the potential to unlock higher incomes and reduce reliance on more costly, non-renewable energy sources in rural and low-income communities. Dan Waldron, Chris Emmott, Yash Vardhan Gaddhyan and Ruth Wairimu at Acumen discuss the advantages and disadvantages of two different paths to impact for PUE: replacing inefficient, fossil fuel-based incumbent technologies, vs. disrupting entire markets with innovative PUE approaches.
- Categories
- Energy, Environment, Investing, Technology, Transportation
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