Publication date: 2016, May
Author: GVEP International
Description: Crowdfunding for energy access refers to the donation, reward, debt and equity campaigns launched each year by social enterprises, charities and other organisations raising capital for off-grid energy projects. This market is currently very small, with $3.4 million raised for projects in Africa and Asia in 2015. Debt campaigns currently dominate the market, accounting for 75% of funds raised and 95% of campaigns. Much of this is for micro-loans. Recent shifts in solar crowdfunding and the emergence of in-house financing across energy access business models will continue to alter the crowdfunding landscape significantly.
