Publication date: June 2020
Author: World Resources Institute
Description: Impact investment aiming at generating both financial and socioeconomic returns is critical to achieve universal energy access. Off-grid energy access companies have absorbed about US$1.7 billion worldwide in disclosed investments in the period 2010 to 2018. The pace of investment has accelerated in the last few years. At the same time, impact investors have been criticized for investing only in foreign-owned companies and not local entrepreneurs, particularly in Africa.