Energy for Growth Hub

The Energy for Growth Hub is a nonprofit organization in the United States, officially designated with the Employer Identification Number (EIN) 83-1609680. It operates as a public charity under section 501(c)(3) of the U.S. tax code, primarily focusing on environmental quality and energy resources conservation[1][2].

Origins and Incubation

The Energy for Growth Hub was incubated at the Center for Global Development (CGD), transitioning into an independent organization in 2019. This development built on extensive research and advocacy efforts by CGD to address global energy poverty, particularly in Africa and Asia[4][5].

Mission and Activities

The organization's mission is to end energy poverty by providing data-driven solutions and advocating for policies that enhance energy access and quality. It works closely with policymakers to match them with evidence-based solutions, aiming to promote economic opportunities through reliable energy in emerging markets. The focus is on building a high-energy, climate-resilient future across Africa and Asia, fostering an environment where no person's potential is limited by inadequate power availability[3][5].

Leadership and Funding

The Energy for Growth Hub is led by experienced professionals with backgrounds in policy, research, and advocacy. Todd Moss serves as the Executive Director, with significant support from a global network of researchers and policymakers[1][3]. The organization is funded by contributions, which have significantly grown over the years, enabling it to advance its mission independently of its funders[1][2].

Notable Contributions

One notable initiative developed by the Energy for Growth Hub is the Modern Energy Minimum (MEM) metric. This standard defines a minimum threshold for energy access, aiming to redefine how energy poverty is addressed globally. The organization's efforts have led to influential partnerships, including working with the U.S. International Development Finance Corporation to broaden financing options for energy projects in developing countries[4].

Financial Overview

As of the latest available financial reports, the organization primarily relies on contributions for its revenue, with minimal income from other sources. The leadership team receives compensation for their roles, reflecting the organization's investment in executive talents to drive its strategic objectives[1].

The Energy for Growth Hub's financial management and governance are subject to annual reporting through Form 990 filings with the U.S. Internal Revenue Service, ensuring transparency in its operations and financial health[1].