Social enterprises develop products and services that intentionally aim to include and benefit marginalized or underserved populations in the green and digital transitions. In almost 80% of cases where social enterprises target specific groups, beneficiaries consume the organization’s products and services.The first off-grid solutions originate from social enterprises that developed and distributed solar home systems. As early as 2009, d.light, a social enterprise, introduced the Kiran solar lantern. Dubbed by its staff the “$10 kerosene killer”, the Kiran is the world’s most affordable quality solar lamp.50Inclusive innovations Shenzhen Power Solutions in China BOX 6 Green transition dimension: Scaling up low-carbon energy sources Shenzhen Power Solutions is a leading manufacturer of renewable energy products specializing in solar lighting and power solutions. Founded in 2004, the company is headquartered in Shenzhen, China, and has built a reputation for providing innovative and affordable solar energy products range with solar lighting system and solar DC home appliances to underserved communities worldwide. They have provided solar light to 54.87 million people. Source: Shenzhen Power Solutions 2.4 Accessibility of financing and investments Participation in the green and digital transitions often requires substantial capital and resources. Significant upfront investments are necessary for businesses and communities to adopt green technologies, such as renewable energy systems and energy-efficient infrastructure, or to integrate advanced digital tools and systems. Without adequate financing, the potential benefits of these transitions – such as reduced environmental impact and increased digital connectivity – remain out of reach for many. Through impact investing, microfinance and innovative financing schemes, the social economy contributes to the accessibility of financing and investments in the green and digital transitions, focusing on target populations. Image credit: Shenzhen Power-Solution Ltd Unlocking the Social Economy: Towards Equity in the Green and Digital Transitions 17

Unlocking the Social Economy 2025