The Social Impact
PROBLEM TO ADDRESS
People in developing countries are paying the highest price for global economic development. The 2016-2030 Sustainable Development Goals (“SDGs”) set out the world’s ambition to provide water and energy for all by 2030. However the task is massive:
- 2.4 billion people use traditional cook stoves emitting excessive carbon and smoke pollution and damaging health
- 1 billion people live without electric light either in darkness or by burning kerosene at health and financial cost; and
- 1 billion people live without access to clean water with attendant damage to health and livelihood.
TARGET IMPACTS OF THE LOAN PROGRAMME BY 2017
200,000 people will have sustainable access to cooking energy and 100,000 of these also will also have access to solar lighting (SDG No.7).
200,000 people will have sustainable access to water (SDG No. 6).
200,000 people will have significantly reduced exposure to air and water pollution. Respiratory illnesses caused by smoke pollution will be greatly reduced as will water borne diseases caused by dirty drinking water (SDG No.3)