Scientific Publication

Powering the Crowd into the Future: Key Learnings and Recommendations for energy access crowdfunding and P2P lending

author(s) Cogan, D. - Weston, P.
from UK Foreign, Commonwealth & Development Office (FCDO)
permalink open
themes
regions
  • Northern Europe
  • Europe
  • World
  • Western Europe
citation

Davinia Cogan and Peter Weston (2018) Powering the Crowd into the Future: Key Learnings and Recommendations for energy access crowdfunding and P2P lending. Energy4Impact

Publications and datasets provided via GARDIAN

Abstract

This report provides a summary of knowledge gathered during the 3-year UK Aid funded Crowd Power programme. It looks at the market growth since the programme began in 2015 and finds that energy access companies and non-profits raised $14 million in funding on donation, reward, debt and equity platforms in 2017. This represents a fourfold increase in volume of funds raised by energy access campaigns from 2015. The most significant growth has been in working capital debt raised by off-grid energy companies via lending platforms such as TRINE (Sweden), bettervest (Germany), Energise Africa (UK) and Lendahand (The Netherlands). This work was supported by the UK Department for International Development’s Crowd Power Programme on energy access related crowdfunding and peer-to-peer (P2P) lending in sub-Saharan Africa and Asia

Open original