Nexus for Development

Nexus’ story began in 2007 with a bold vision for a more equitable, accessible carbon market. The high transaction costs, complex methodologies, and inequitable financial risks were hindering the ability of development organizations to effectively access carbon finance and leverage the full power of the carbon market. Nexus emerged in response to these challenges - supporting project developers by breaking down barriers to entry. In 2009, Nexus was born out of an alliance of eight development organizations from seven countries who committed to using carbon finance to tackle poverty and climate change. Since then, they have gone from strength-to-strength, extending themselves beyond carbon while developing innovative new ways to support the growth and impact of their 23 members. Their challenge To help provide access to sustainable energy to the 1.3 billion people who currently lack electricity to light their homes or conduct business  To help provide the 2.7 billion people who rely on wood, charcoal, or other solid fuels for cooking and heating with access to cleaner, smarter solutions  To help tackle the indoor air pollution from cooking with solid fuels that is killing 4 million people a year, many of whom are women and children  To help provide the 748 million people who currently lack access to improved drinking water and the further 1.8 billion people who are utilizing unsafe sources with access to clean, safe, affordable options Nexus exists to open doors for development. Their values guide everything they do. They know more about how to solve major challenges like poverty and climate change than ever before. The challenge is not a lack of knowledge or resources, but getting these tools into the hands of people who need them and can make a difference. They connect amazing development opportunities to sources of finance and expertise that enable organizations around the world to scale up their impact.