Caterpillar 2015 Annual Report Download - page 46

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46
2015 YEAR IN REVIEW
PEOPLE
CATERPILLAR FOUNDATION
Our mission is to eliminate poverty by placing people on a path
to prosperity.
This builds strong economies and communities.
We focus our efforts on basic human needs, education and
the environment.
We accomplish our mission through an innovative approach
that addresses the root causes of poverty and facilitates
collaboration among the public, private and nonprofit sectors.
Together.Stronger.™
ALLEVIATING
POVERTY
THE ONE CAMPAIGN & U.N. FOUNDATION ENERGY POLICY
This past year, the Caterpillar Foundation supported energy access policy work through investments with The ONE Campaign
and United Nations Foundation. The Foundation believes energy access in Africa plays a significant role in disrupting the spiral
of poverty. The ONE Campaign’s advocacy work around the Electrify Africa Act, a bill unanimously passed in the U.S. Senate, the
U.S. House of Representatives, and signed into law by President Obama in early 2016, will spur the U.S. government to create
investment opportunities to bring 50 million Africans power by 2020. Likewise, three billion people globally rely on solid fuels to
cook, causing serious environmental and health impacts, disproportionately affecting women and children. The U.N. Foundation’s
policy work is focused on promoting clean cooking solutions and universal adoption of clean cookstoves and fuels. The Foundation
also provided three grants in Kenya, Ghana and Uganda to help address the market barriers that impede the production, deployment
and use of clean and efficient cookstoves and fuels in developing countries. Together.Stronger.™