Who we are
Energy is the foundation of opportunity. But for people across emerging economies, energy systems are still falling short.
Global efforts to tackle energy poverty have made immense strides in recent decades. But progress has stalled. Today, nearly 700 million people live without electricity and a billion more live with access that is unaffordable or unreliable. This deficit holds back development, raises the cost of doing business and suppresses economic growth.
Meanwhile, compounding crises loom. Aid budgets are declining and public balance sheets are constrained. Populations in many emerging economies are growing, driving unmet demand for energy and jobs. And the cost of our dependence on fossil fuels is starker than ever: climate change is escalating and geopolitical conflict is choking supplies, sending energy shocks across the world.
Too often, these challenges are addressed in isolation. Investments in clean energy are separated from efforts to grow industry, create jobs and improve food security, healthcare and education. Failing to work as a system means development falls short of its promise.
A new approach is urgently needed.
Founded in 2021 by The Rockefeller Foundation, the IKEA Foundation and the Bezos Earth Fund, Global Energy Alliance was built to meet this challenge.
We bring together investment, technical expertise and institutional capacity across sectors to design, finance and scale solutions that strengthen energy systems and expand economic opportunity.
By aligning public, private and philanthropic partners around integrated solutions, we pool resources and expertise so investments go further and deliver lasting systems change. Our work spans more than 30 countries across Africa, Asia and Latin America and the Caribbean.
Together we work for a world where everyone has abundant electricity and the means to use it to improve their lives.
Our impact
Since our founding we have unlocked over $7.8 billion in financing. Every dollar we invest unlocks an average of 15 times more from public and private sources.
Together we aim to:
- Reach 91 million people with clean electricity
- Create or improve 3 million jobs
- Prevent 300 million tons of carbon emissions