Amplifying impact through strategic alignments

Shell Foundation has partnered with the United Kingdom’s Foreign Commonwealth and Development Office (FCDO) on the Transforming Energy Access (TEA) platform and the Catalysing Agriculture by Scaling Energy Ecosystems (CASEE) programme. Both initiatives under the Ayrton Fund are focused on accelerating the scale up of innovative clean energy technologies and businesses in sub-Saharan Africa and Asia.

Shell Foundation has an Memorandum of Understanding (MOU) with the Dutch Development Finance Institution to support the just and inclusive energy transition in sub-Saharan Africa and India. The MOU has resulted in collaborations and co-investments in companies and financial intermediaries such as the Energy and Entrepreneurs Growth Fund (EEGF) and the Energy Access Relief Fund (EARF).

Shell Foundation has an MOU with the UK’s development finance institution and impact investor, British International Investment (BII) to support the just and inclusive energy transition in sub-Saharan Africa and South Asia. In 2023, we announced a $2.6m carbon credit pilot investment to scale supply of solar irrigation in Kenya.

Shell Foundation expanded our MOU with the U.S. International Development Finance Corporation (DFC) in 2023 to increase the flow of commercial capital into Distributed Renewable Energy solutions in emerging markets. The partnership addresses several DRE areas including energy for households and local enterprises, e-mobility, and climate-smart agri-tech.