DRE can help address both climate change and energy poverty 

There are still an estimated 770 million people living without access to reliable electricity. Although there has been progress in recent years, global electrification remains uneven and 75% of the population without access to electricity live in Sub-Saharan Africa. In many developing regions, these communities rely heavily on diesel generators and kerosene, which are highly polluting and have an intense carbon output.

Global corporations can help shape the energy transition

Although renewable energy investment is increasing, nearly all the investment is currently centred in developed markets. As such, corporations can often struggle to address their Scope 2 and Scope 3 footprints outside of Europe and North America.

Connecting DRE projects to environmental markets would greatly expand corporate access to procuring renewable energy from developing countries. Although there are a number of environmental standards that issue renewable energy certificates from the renewable energy assets, none currently accommodate the distributed space for smaller scale projects. Existing standards are designed around certifying renewable energy generation from utility-scale deployments only, meaning smaller devices facing substantial transaction costs to participate in these markets.