USAID's Microenterprise Development office held its 36th Microfinance Innovations After Hours Seminar on the topic of"Financing Clean Energy: Comparison of Approaches in India and Prospects for Replication".The event was co-hosted by the Society for International Development (SID) Urban and Development Finance working groups and was moderated by Amanda O’Neil, co-chair of the Development Finance Working Group. Presenters include GreenMicrofinance, CHF International, and World Resources Institute.
The World Economic Forum in Davos released a study onGreen Investing: Towards a Clean Energy Infrastructure.In the study it states that “two billion people worldwide have no access to modern fuels and 1.6 billion have no access to electricity. In addition, hundreds of millions more live in areas with unreliable grids and experience regular outages disrupting light, water pumps and other essential functions”. GreenMicrofinance was listed in the study as one of eight global organizations "working on innovative ways of using microfinance to provide clean energy in developing countries".http://www.weforum.org/pdf/climate/Green.pdf(p.21)