About
The U.S. International Development Finance Corporation (DFC) and Shell Foundation have expanded their MOU in 2023 to increase the flow of commercial capital into Distributed Renewable Energy (DRE) solutions in emerging markets.
Project Focus
The partnership addresses several DRE areas, including energy for households and local enterprises, e-mobility, and climate-smart agri-tech.
Since their 2021 MOU, aimed at deploying $150 million, they have surpassed this goal in under two years. This partnership showcases how philanthropic and development finance capital can effectively collaborate, leveraging Shell Foundation’s risk-tolerant capital and market knowledge with DFC’s support to fund high-impact businesses.
Insights and impact
Latest news and updates
Fostering Innovation
Micro-Entrepreneurs
India
Clean Cooking
From flame to plug: what India’s micro-food vendors tell us about the commercial future of clean cooking
New research shows how electric cooking is improving productivity, incomes, and working conditions for micro-food vendors across India.
18th March 2026
Gender
Micro-Entrepreneurs
East Africa
West Africa
Clean Cooking
Cold Storage
Smart Energy Systems
What gender-responsive financing can unlock for women entrepreneurs
A Gender Results-Based Financing pilot shows how targeted incentives can unlock income growth, resilience, and opportunity for women entrepreneurs.
08th March 2026