Giving Compass' Take:

• Pact is an international development organization that is launching a global initiative called Energy for Prosperity in the hopes of making sustainable electricity accessible to all global communities. 

• Pact utilizes a partnership approach to sustainability and collaborates with local government and private organizations on projects. How will this approach be successful in terms of access to electricity?

• Read about how access to sustainable energy will also help the advancement of women and girls. 

Pact announced the launch of a new global initiative called Energy for Prosperity (E4P) to improve energy access in low- and middle-income communities as part of the organization’s integrated approach to development.

Globally, more than 1 billion people lack access to energy. For these ­­­communities, energy poverty presents a major roadblock to progress, in areas from education and livelihoods to health and food security.

With a focus on innovation and social enterprise, Pact helps people gain access to affordable, reliable and sustainable electricity. Pact collaborates with governments, companies, investors and other civil society organizations to work toward a future in which all people have the skills and resources they need to enjoy the many benefits of modern energy.

Energy for Prosperity began in Myanmar, with the Ahlin Yaung project, which has established renewable energy committees in 76 villages to train people to install and maintain solar home systems and manage a revolving fund, which provides the initial capital to purchase the solar home systems.

Energy for Prosperity includes both donor-funded and private sector initiatives to increase energy access. Some of Pact’s renewable energy partners to date have included Chevron, Shell, Engie and ABB.

Read the full article about energy prosperity at TriplePundit.