WITH THE SUPPORT OF
IN PARTNERSHIP WITH
Clean energy can be a powerful driver of women’s economic empowerment when the conditions are right. For this project, Caribou partnered with Value for Women and the Shell Foundation to synthesize existing impact evidence on when and how clean energy investments improve women’s economic lives, and what it takes to design for those outcomes.
Drawing on more than 115 studies across Africa and South Asia, the resulting report assesses how clean energy reaches women as productive users of solutions, as household users, and workers in the clean energy value chain. Original financial modeling across 5 asset categories tested whether positive returns are achievable, and identified where financing terms, context and program design can determine the scale of impacts.
Together, these activities led to a practical framework for investors in the clean energy space to assess investments before committing resources, and will guide Shell Foundation’s investment strategy and measurement approaches going forward.
