PREO IMPACTS
Since 2019, PREO has awarded 57 catalytic grants to private sector and non-profit enterprises across 34 countries in sub-Saharan Africa and the Pacific, demonstrating the business and impact cases of using renewable energy across multiple sectors.
PREO impacts (up to December 2024)
Over £6.5m
Awarded grant amounts
to Productive Use of
Renewable Energy
Projects
Over 23,000
People with improved
access to energy
Over 650
Sustainable
long-term jobs
supported
£28m
Public and private
funding leveraged
by PREO funded
companies
Over 2,200 tonnes
CO2 reduced
or avoided (t/CO2)
FUNDERS
Transforming Energy Access (TEA) is the flagship FCDO research and innovation paltform supporting early-stage testing and scale-up of innovative technologies and business models that accelerate access to affordable, clean energy for poor households, enterprises, and social institutions in developing countries across sub-Saharan Africa, South Asia, and the Indo-Pacific. This includes support to innovations across the three Ayrton Fund themes of clean supply, super-efficient demand and smart delivery, as well as integration of solutions across the three. In late 2021, a £126m scale-up of the platform was announced at COP26, further advancing TEA into a major delivery platform for the Ayrton Fund focused on delivering innovations enabling a Just Transition for the 733 million people who still lack access to electricity and the 2.4 billion people who cook using fuels detrimental to their health and the environment.
For more information visit tea.carbontrust.com
The IKEA Foundation works with strong strategic partners applying innovative approaches to achieve large-scale results. We are committed to helping families living in poverty afford a better everyday life while protecting the planet. We support programmes that promote new and unprecedented collaboration between businesses, civil society, governments and the many people.
The IKEA Foundation is co-funding the PREO Programme.
DELIVERY PARTNERS
Founded in 2001, the Carbon Trust’s mission is to accelerate the delivery of a sustainable, low carbon economy by helping businesses, governments and organisations across the globe to reduce carbon emissions and increase resource efficiency.
Energy 4 Impact works with local businesses to extend access to energy in Africa, impacting the quality of life for millions of people. Growing sustainable clean energy markets improves livelihoods and accelerates economic growth.