As world leaders gather in Glasgow for the United Nations Climate Change Conference (COP26), humanity is divided between those countries that can recover from Covid-19 and those that cannot — all while facing an existential climate crisis.
The only way to meet this moment — to restart economic progress for all and to stop the trajectory of the climate crisis — is to promote green energy transitions in emerging and developing countries.
By marshaling new resources and new partners behind new technologies — and by adopting new ways of thinking — humanity can take transformative, perhaps even revolutionary, steps to restart the global economy in a way that lifts up those at the bottom and avoids the worst of climate change.
To ignite this transformation, The Rockefeller Foundation and its partners are at COP26 to launch The Global Energy Alliance for People and Planet.
The Global Energy Alliance for People and Planet (GEAPP) will invest in green energy transitions that cut carbon emissions, create jobs, and connect people to electricity. GEAPP was launched with $10 billion by the Bezos Earth Fund, IKEA Foundation, and The Rockefeller Foundation, along with three]country partners and eight multilateral and development finance institutions.
Over the next decade, this historic partnership will change energy for good by mobilizing $100 billion in public and private capital to accelerate equitable energy transitions in more than 60 countries across Africa, Asia, and Latin America. GEAPP serves as a platform for collaborative action and provides grant funding, technical assistance, and a range of financing options.
For more information and to access the Global Call for Transformational Country Partnerships, which invites eligible countries to apply for technical support and funding, please visit:
The announcement was broadcasted LIVE from Glasgow on #RFBreakthrough
Tuesday, November 2, 2021 | 03:30 pm ET / 7:30 pm GMT
Photo credit of ‘Bimala Colavito’
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