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Innovation in Energy

Innovation is transforming the energy sector. It’s what makes renewables ever more efficient, cost-effective, and scalable.

It’s what gives us a viable path forward to meet soaring energy demand. And it’s what enables reduced reliance on fossil fuels to counteract the dangerous effects of climate change. Innovation in the sector—along with continuous cycles of improvement—represents the real possibility of a greener, more inclusive, and equitable future for all, already yielding remarkable progress in addressing one of the world’s great development challenges—universal access to clean and affordable electricity.

IFC is a leader in advancing energy innovation, supporting, and accelerating introduction of new technologies in developing countries.