Green energy alliance with $100B goal gains new partners at COP 27

The Global Energy Alliance for People and Planet, or GEAPP, has entered a new stage a year after its launch, with the financial backing of a trio of foundations — Bezos Earth Fund, IKEA Foundation, and The Rockefeller Foundation — and the ambitious goal to raise $100 billion in public and private capital for renewable energy projects in the global south.

GEAPP, which launched at the 26th United Nations Climate Change Conference, or COP 26, returned to this year’s COP 27 in Sharm el-Sheikh, Egypt, with a new CEO, Simon Harford, a former Larry Ellison Foundation adviser. Nearly nine months after his appointment, he and his team are promoting a strategy for driving green energy investments in lower-income countries.

“We’re really building the organization,” Sundaa Bridgett-Jones, GEAPP’s vice president and chief partnerships and advocacy officer, told Devex in an interview. She said the organization now has roughly 70 people on staff.

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