Because every dollar goes further in the Global South, the Renewables Fund is able to install more solar panels across India and Africa than it would be able to in the U.S. – the Construction Multiplier is a metric that calculates exactly how many times more.

• Costs of labor, construction, and logistics are low in Global South markets – so investment there builds more clean energy infrastructure.
• In the U.S., it typically costs several hundred dollars to install a single solar panel – in the Global South construction costs can be a third less.
• The Construction Multiplier is a component of the Impact Multiplier, which helps Renewables.org decide how to maximize carbon avoidance.