Organization backed by Jeff Bezos launches game-changing $4.2 billion energy initiative — here's what we know

Organization backed by Jeff Bezos launches game-changing $4.2 billion energy initiative — here's what we know

A major philanthropic collaboration has taken a huge step forward in tackling energy scarcity in Africa. According to Semafor, the Global Energy Alliance for People and Planet has unlocked $4.2 billion in funding to advance renewable energy projects on the continent.  This blended finance model is responsible for funding multiple projects, including the expansion of decentralized, renewable energy in the Democratic Republic of Congo, interconnec…