The dynamic evolution of energy access-related crowdfunding takes centre stage in the latest report from Energy 4 Impact’s Crowd Power programme, revealing a drop in the total volume raised, from $62 million in 2021 to $50 million in 2022. This decline is driven by shifts in the debt crowdfunding market, which still commands close to 90% of all energy access-related crowdfunding activity. Since 2016, crowdfunding platforms have raised over $250 million for energy access, experiencing steady growth from $8 million in 2016 to a peak of $62 million in 2021, with 2020 being the exception.
Going forward we expect to see debt crowdfunding platforms expanding into adjacent sectors and new geographies to diversify risk and secure growth.
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