APPROACH AND METHODOLOGY
The Energy Foundation is a strategic aggregator of philanthropic capital whose expert technical staff in the United States understands both new technologies and the political dynamics that shape energy markets. The foundation invests to promote policies that build markets so as to transform the global economy to thrive in a climate-constrained world. Building off of the Energy Foundation's experience in the West, Midwest, and Texas, this commitment will work to implement two linked strategies for the South: 1) promoting the highest leverage energy-using sector policies, and 2) bringing new voices to the clean energy discussion, particularly from the business community. Activities undertaken in pursuit of these strategies include: making grants to the best new and existing groups; convening, coordinating, and supporting knowledge sharing among civil society groups, consultants, businesses, and other funders in the region; bringing expertise from outside the region to support local efforts; supporting economic and policy analyses; and aggregating and strategically deploying new funds
IMPLEMENTATION, TIMELINE, AND DELIVERABLES
The initial stage of implementation of this commitment is fundraising. In addition to deploying at least .5M per year of Energy Foundation funds, the foundation will look to attract philanthropic investors interested in supporting the overall effort.
Concurrent with the fundraising effort, for the first strategy in the commitment, the Energy Foundation will undertake the activities mentioned above to triple annual utility investment in energy efficiency to in the next five years, and work with at least six states to update building codes to best-available practices by 2012.
For the second strategy, over the next three years, the Energy Foundation will sustain and expand recently created business councils in at least four states for effective clean energy advocacy through direct funding and institutional support; support the analysis and coalition building needed by city and state economic development officials to leverage public capital for clean energy investments; and build capacity among faith, low-income, and African-American and Latino-American communities to participate in the clean energy economy through grants and convenings.
The Southern United States, stretching from North Carolina to Arkansas and from Florida to Kentucky, is at once the lowest hanging fruit for profitable energy efficiency investments with big pollution and economic benefits, and the largest regional impediment to national clean energy action. Over the last decade, even as new policies in the Intermountain West and Midwest drove multi-billion dollar clean energy markets, the South continues to stand out as a laggard on energy efficiency and renewable energy. To reverse this trend, the South must see itself as a leader in the new energy economy, instead of the last defender - in the states and at the federal level - of the status quo. This is by no means an easy transition, but the South has the clean energy resources and intellectual ability to do it.
SEEKING: Financial Resources, Implementing Partners, Best Practice Information
Seeking funding partners join our exixting effort and dramatically expand tresources available to help the commitment realize its full potential. Also seeking businesses wanting tojoin others to increase clean energy investment in the region, and civic, religious, development,a nd other groups who see clean energy advocacy as way to increase their impact.
OFFERING: Financial Resources, Implementing Partners, Best Practice Information
Seeking to support NGO's, consultants, business and others with innovative, politically-viable strategies to engage Southern business and political leaders