Global Energy Alliance for People and Planet (GEAPP)
Founded by Rockefeller and Ikea foundations and the Bezos Earth Fund, GEAPP is an alliance of entrepreneurs, governments, technology, policy, and financing partners working together to support developing countries shift to a clean energy model that ensures universal energy access while enabling the global community to meet critical climate goals during the next decade.
Today, 750 million people lack any access to modern energy. A further 1.6 billion lack access to reliable and affordable energy, while some 3.6 billion people live in energy poverty. Energy-poor countries today account for only 25% of global CO2 emissions, but this could rise to 75% by 2050 unless they receive support for clean energy development. Yet these countries only receive 13% of clean energy financing. Accomplishing long-term progress in these areas requires a historic partnership.
The Global Energy Alliance for People and Planet (GEAPP) brings a new approach to alleviate energy poverty within a green energy transition, piloting new and innovative policies, finance, and other approaches that can be applied at scale across the developing world and beyond.
As an anchor partner, along with the Rockefeller and Ikea Foundations, the Bezos Earth Fund is supporting efforts to speed up an equitable energy transition with developing countries around the world, from demand aggregation for renewable technologies in Nigeria to metro grid deployments in the Democratic Republic of Congo, to a just transition from coal in South Africa’s Mpumalanga province.
Over the last decade, significant technological breakthroughs have made renewables the cheapest option for new power in more than two-thirds of the world. For the first time in history, we can reliably and affordably empower those without electricity access. The Alliance is helping countries seize this opportunity to transform our energy system. And in doing so, we are boosting human development by creating jobs at a massive scale and advancing gender equity through increased accessibility, all the while curbing emissions to avert the climate crisis.