Nexus for Development

Nexus for Development is rated 3 out of 5 in the category renewables & environment. Read and write reviews about 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, we have gone from strength-to-strength, extending ourselves beyond carbon while developing innovative new ways to support the growth and impact of our members. Our 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