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’
- Tune In
#RFBreakthrough Live from Glasgow
Watch our series streaming live from COP26 in Glasgow - see the full schedule here - World Leaders Summit
UN Climate Change Conference (COP26)
The UK will host the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow on 31 October – 12 November 2021. Click here for more information on this event. - ENERGY TRANSITION
Register to attend the virtual SDG7 Pavilion at COP26
For the first time in COP history, Sustainable Energy for All (SEforALL), in partnership with the Global Energy Alliance for People and Planet, will host a dedicated SDG7 Pavilion in the Blue Zone at COP26. The pavilion will unite SDG7 stakeholders to mobilize and connect bold commitments and actions for energy around the world.
Related Updates
Earlier this year, The Rockefeller Foundation announced a commitment to divesting its $5 billion endowment from existing fossil fuel interests while refraining from future fossil fuel investments. Since the approval of this new policy, the Foundation’s investment team has been tackling steps that are expected to more than halve its total exposure to fossil fuels to less than 1% in the near future.
We are Moving Away from Fossil Fuels, Towards a More Equitable Future
In 1913, John D. Rockefeller endowed The Rockefeller Foundation with $100 million, to pursue scientific philanthropy. That initial endowment of course was the product of oil refining and the Standard Oil Company Rockefeller built into an empire. For the whole of its history, the Foundation has funded most of its works – totaling $22 billion […]
More