To promote eco-friendly projects with an impact on Africa .
In order to be eligible for Energies Africa support, projects need to fall in one of the following categories:
All low carbon energies: solar, wind, hydro and biomass.
Innovative projects respecting other values. Environmentally friendly economic development.
Organic farming methods, or in the process of migrating to organic.
Initiatives promoting and support schooling for children, especially girls. Assistance with higher education.
Projects promoting access to healthcare, medicines, dispensaries, vaccination campaigns.
Projects with strong social impact creating local links while respecting human rights and specifically Women’s.
To respect responsible finance rules : ESG (Environment – Social – Governance)
Environment for 50%
- - Threat to biodiversity
- - Emissions
- - Significant contribution to climate change
- - Contribution to water stress
- - Pollution
- - Impact on local communities (disruption, violence, etc.)
- - Failure to respect the right to self-determination
- - Land grabbing
- - Consumer health and safety
Social for 30%
- - Health and safety discrimination
- - Infringement of freedom of association and the right to collective bargaining (unions)
- - Child labor
- - Forced labor
- - Excessive working time
- - Failure to comply with minimum wage rules
- - Personal data safeguarding, respect of privacy
- - Unethical communication and marketing practices.
Governance for 20%
- - Fraud and corruption
- - Non-compliance with good governance practices
- - Employee participation in collective decisions
Minimum performance threshold set at 70/100
on an average required in each of the three themes.