Energy Transition Impact Fund
Design Stage
Fund Overview: The Energy Transition Impact Fund (ETIF) is an initiative designed to accelerate energy transition across Asia and Africa, with a primary focus on benefiting lower-income communities. This fund represents a collaborative effort among governments, private sector entities, and philanthropic organizations, committed to addressing the pressing challenges of energy access, climate change mitigation, and socio-economic development in the region. The Tunse Fellows co-create the design of this fund for different localities.
Impact Thesis:Â
The ETIF's impact thesis centers around three core principles:
Energy Access and Inclusivity: ETIF is dedicated to ensuring equitable access to clean and affordable energy solutions. By prioritizing lower-income communities, the fund seeks to alleviate energy poverty, improving the quality of life for millions while unlocking economic opportunities.
Climate Change Mitigation: A fundamental objective of ETIF is to accelerate the adoption of sustainable energy sources, reducing greenhouse gas emissions and mitigating the impacts of climate change. The fund supports projects that promote renewable energy generation, energy efficiency, and the transition away from fossil fuels.
Socio-Economic Development: The ETIF recognizes the intrinsic link between energy transition and socio-economic progress. It aims to foster economic growth, create jobs, and enhance local resilience by investing in projects that empower communities to thrive in the evolving energy landscape.
Key Features of ETIF:
Multi-Stakeholder Collaboration: ETIF brings together governments, private investors, and philanthropic organizations to pool resources and expertise. This collaborative approach ensures a holistic and effective response to the energy transition challenges in Asia.
Targeted Geographic Focus: While addressing energy transition needs across Asia, ETIF prioritizes regions with the greatest energy access disparities and environmental vulnerabilities. It aims to have a significant impact on underserved areas.
Diverse Investment Portfolio: The fund supports a wide range of initiatives, including renewable energy infrastructure development, clean technology innovation, energy efficiency projects, and community-based energy access solutions. This diverse portfolio maximizes its ability to drive change.
Impact Measurement and Reporting: ETIF is committed to transparency and accountability. It employs rigorous impact measurement and reporting mechanisms to assess the social, environmental, and economic outcomes of its investments.
Capacity Building: Beyond financial support, ETIF offers technical assistance, capacity-building programs, and knowledge-sharing to local partners and stakeholders. This empowers communities to actively participate in and benefit from the energy transition.
Samples of Energy Impact Funds
Afterglow Climate Justice Fund
Advisers
Design Thinking, Venture Building, Industry Transformation, Technologies
Design Thinking Advocate to promote performance improvement, creative solutions and wicked-problem solving.
Social innovation entrepreneur with experiences working with with MNCs, NGOs, Universities and Government Agencies in the Asia-Pacific region
Serves in a variety of leadership and advisory roles with communities, organizations, startups and social enterprises.
First batch of Apple Professional Consultants (Education) in APAC, and a co-founder of the Singapore Google Educators Group.