In order to bring additionality to consumers’ choice of renewable energy and help realise SDG 7 (affordable, clean energy for all), the EKOenergy ecolabel raises funds for new renewable energy projects in developing countries and regions. For each MWh of sold EKOenergy-labelled energy, our licensed sellers pay 0.10 € to EKOenergy’s Climate Fund. These contributions go to carefully selected renewable electricity projects aimed at alleviating energy poverty in developing countries and regions (see more about our Climate Fund).
The projects we finance via our Climate Fund are usually small-scale solar and wind energy projects. All financed projects are managed by experienced organisations and are implemented in cooperation with local NGOs.