WHAT LONG-TERM CHANGES WILL COVID-19 BRING FOR THE ACCESS TO ENERGY SECTOR?

In 2020 we commissioned Palladium and Inclusive Growth Partners to engage across the sector and with the impact investor community to look at potential long-term, sector-wide evolutions that could result from the pandemic.

Electricity unit with text printed saying: Advancing off-grid electrification in combating covid-19

Innovation in times of adversity: how SF and our portfolio is responding to Covid-19

Shell Foundation and its partners are working to maintain essential energy and transport services for low-income communities in Africa and Asia during the Covid-19 crisis, and to support national healthcare and resilience efforts.

The SF response

At Shell Foundation we are taking a number of steps at enterprise, sector and national level to support Covid-19 responses, including:

  • Deploying business resilience funding and additional non-financial support for portfolio partners
  • Capturing evidence to show how enterprises who deliver decentralised renewable energy and modern transport services can contribute toward national Covid-19 resilience efforts
  • Providing first-loss funding to a sector relief vehicle that can make low-cost capital available to off-grid energy providers affected by Covid-19
  • Delivering a steady flow of market insight to donors, policy-makers and social investors in the energy and health sectors to inform their decisions
  • Commissioning research to understand the implications of Covid-19 on SDG7 and highlight opportunities for effective interventions
  • Supporting our Partners to ensure safeguarding remains a priority at a time where risks are heightened