ENERGY TRANSITION
Global Energy Alliance for People and Planet: Addressing global transition to renewable energy
Context and challenges
Today, ~50% of humanity have limited access to energy.
A scenario where Emerging Markets and Developing Economies (EMDEs) would use fossil fuels to rise out of energy poverty would generate 75% of all emissions, thus hindering the Net Zero goal.
To mitigate this scenario, green energy scaled deployment has the potential to address: lack of energy access (impacting 750 Mn individuals), lack of reliable and affordable energy (impacting 1.6 Bn individuals), and overall energy poverty (impacting 1.25 Bn individuals).
Initiative Description
The Global Energy Alliance for People and Planet (GEAPP) was created by the IKEA Foundation, the Rockefeller Foundation and the Bezos Earth Fund to address the transition to renewable energy.
Efforts are currently focused on Brazil, DRC, Ethiopia, India, Indonesia, Nigeria, South Africa and Vietnam, and 80+ countries will ultimately benefit from the initiative through wider alliance.
The objective by 2030 is to prevent 4 GTons of CO2 emissions, expand energy access for 1 Bn people, and power 150 Mn new jobs. The work is organized around specific themes to drive systemic shifts:
- Accelerate the uptake of Distributed Renewable Energy (DRE) for areas subject to energy poverty
- Deploy battery storage (BESS2) to strengthen grids and enable adoption of high levels of least-cost, variable renewable energy
- Pilot programs to design, test and scale utility renewables, fossil fuel decommissioning, transmission and distribution, productive use of energy, green industrialization, and e-mobility
Commitments from Business & Philanthropy
Direct Renewable Energy access
- Call for countries and developers to go big on DRE, including through joining DARE1
- Raise awareness of intention to build a platform for DRE developer support
Battery Energy Storage System
- Launch the BESS Consortium and describe a mechanism to track progress
How to get involved?
Reach out to GEAPP team to get involved
Visit the GEAPP website to learn more
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- World Bank Group’s Distributed Access through Renewable Energy Scale-up (DARES) program which aims to help African countries double the pace of access expansion by 2026
- Battery Energy Storage Systems
Source: Global Energy Alliance for People and Planet (GEAPP) website