Greenlight Planet
About
With CDC, FMO and Norfund support, Greenlight Planet (Greenlight) plans to expand its pay-as-you-go (PAYG) solar consumer finance business. It also plans to create jobs in the renewable energy sector in sub-Saharan Africa, and contribute to the reduction of global GHG emissions while boosting access to affordable and clean energy for low-income households. Greenlight is another investee of responsAbillity AG’s Climate Fund that focuses on 2X aligned renewable energy investments.
Approach and impact
Greenlight is 2X aligned, with women representing 29 per cent of senior management across its business operations, higher than the industry average. Greenlight has also undertaken client-focused surveys and evaluations to better understand its mostly women client base. Survey findings are used to inform project design, marketing and distribution strategies. Greenlight’s Gender Action Plan includes formalising female-centric design and feedback loops into its model and processes to better respond to women end users needs and their preferences.