Unlocking Off-Grid Solar: How results-based financing is driving energy access and powering productivity
Results-Based Financing (RBF) schemes are a powerful tool, enabling governments and development partners to leverage the private sector to achieve development goals. Over the last decade, RBF programmes have been piloted, scaled and diversified within the energy access sector, aimed at reaching the 675 million people who lack access to modern electricity today. In parallel, annual sales of off-grid solar products have more than doubled GOGLA affiliates, which make up nearly 30% of the off-grid solar market, have sold over 70 million solar lanterns and solar home systems (SHS) since 2012. Alongside them, they have sold millions of appliances for both household and productive use.
