This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more hereX

Home > News > Latest News

Latest News / Women entrepreneurs key to accelerating energy access

 

A new report by AIMS Energy Press has highlighted the huge value of empowering female entrepreneurs in the servicing, managing and distribution of decentralised energy solutions, including the finding that, “Women entrepreneurs can demonstrate more than twice the level of business capacity and success compared to men.”

The Removing barriers to women entrepreneurs’ engagement in decentralized sustainable energy solutions for the poor report, identified that in regions that face the biggest energy access challenges, including Sub-Saharan Africa and Southeast Asia, women, as the primary household energy managers and with traditionally strong community relationships, represented an important opportunity for sustainable energy businesses. The report argues that this competitive advantage is leading to a, “Growing recognition of the critical role that women play as agents of change in the transition to sustainable energy from the supply side of the energy value chain.”

It concludes the importance of closing the gender gap in off-grid energy entrepreneurship, in which 20% of the global workforce is represented by women, is pivotal in accelerating universal sustainable energy access - No. 7 of the UN Sustainable Development Goals.

Energy entrepreneur Danny Kennedy, noted in his experiences of developing a commercial model for off-grid energy, “We were more successful at lowering cost when involving women in the design and development of the marketing strategy.”

Several barriers to female entrepreneurship in the energy sector were identified, including access to finance, cultural expectations and education gaps. In particular, the report highlighted the loss of competitive advantage in rural areas in which credit repayment and speed of customer acquisition were perceived to be significant risks.

The full report can be viewed here.


 

Women entrepreneurs key to accelerating energy access
Menu
-
Increase Font Decrease Font