Creative Economy | August 16, 2021

Fund for artisans backs Ilumexico to expand access to solar power for rural business

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, Aug. 16 – The RISE Artisan Fund of volunteer-based Realize Impact launched a climate investing strategy to help energy-poor artisans transition to clean energy to support their livelihoods and reduce their communities’ dependence on dirty fuels.

The fund is investing in Mexico’s off-grid solar provider Ilumexico to help small-scale fishermen in Baja California Sur access solar-powered refrigerators to support their livelihoods.

RISE Artisan Fund is co-investing with impact-linked lender Beneficial Returns.