REEEP was established in 2002 as an international multilateral partnership to accelerate the uptake of clean energy technologies in developing and emerging markets, promote modern energy access, mitigate greenhouse gas emissions and support low carbon development. For over twenty years, REEEP has been a driving force in the global clean energy transition by accelerating the deployment of reliable and affordable clean energy solutions in low- and middle-income countries for the benefit of last-mile customers and the most vulnerable populations.
Through a combination of financial instruments, capacity building, facilitation of stakeholder cooperation and technical assistance, REEEP’s programmes fill financing and knowledge gaps, enabling private sector players to operate successfully in frontier markets. It works closely with stakeholders across the public and private sectors to ensure holistic programme design and implementation are rooted in local needs, decreasing risk in clean energy investment and facilitating long-lasting ecosystem change by defining key criteria and indicators that incentivise longevity, while balancing the level of risk for public and private finance, as well as focusing on understanding market determinants, adapting to changing circumstances, building local capacity as well as informing and influencing stakeholder decisions and approaches to market development in a targeted manner.