Crowdfunding Energy Access – State of the Market Report 2019-2020
Energy 4 Impact is a non-profit organisation working with local businesses to extend access to energy in Africa, impacting the quality of life for millions of people. Its report comprises part of Energy 4 Impact’s research programme ‘Crowd Power’ which examines the role of alternative finance, such as crowdfunding, in the energy access sector.
Energy 4 Impact is a non-profit organisation working with local businesses to extend access to energy in Africa, impacting the quality of life for millions of people. Growing sustainable clean energy markets improves livelihoods and accelerates economic growth.
This report comprises part of Energy 4 Impact’s research programme ‘Crowd Power’ which examines the role of alternative finance, such as crowdfunding, in the energy access sector. The research reveals that crowdfunding related to energy access fell by approximately 20% in 2020 as a result of Covid-19. Around $41 million debt was raised for the sector in 2020 in comparison to $55 million in 2019.
https://energy4impact.org/crowdfunding-energy-access-%E2%80%93-state-market-report-2019-2020-0
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