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Too Risky for the Crowd? Assessing the Potential of Crowdfunding for Energy Access
Crowdfunding raised $77 million for energy access between 2015 and the end of June 2019 – and the industry is on pace to generate over $200 million in crowdsourced financing by 2020. But despite this growth, Davinia Cogan at Energy 4 Impact points out that crowdfunding remains on the periphery of discussions about energy access finance. With the sector's estimated $33 billion in commercial capital needs, she explores whether – and how – the crowd can be part of the financing mix.
- Tags
- crowdfunding, energy access, SDGs
