Access to sustainable energy underpins many aspects of a healthy, sustainable economy. However, less than one-fourth of the investment required for universal energy access is taking place. While there are proven technologies and business models that can increase access to clean, affordable, and reliable energy, financing these projects and enterprises continues to be a persistent challenge.
The Energizing Finance series, developed by Sustainable Energy for All in partnership with CPI, captures finance for the two key areas of energy access: electrification and clean cooking. The annual report focuses on public and private finance commitments in 20 developing countries that together are home to nearly 80 percent of those living without access to sustainable and modern energy.
The Energizing Finance series, developed by SE4All in partnership with CPI, is the first and only in-depth attempt to capture multiple years of data on finance for the two key areas of energy access: electrification and clean cooking.
The Energizing Finance series focuses on public and private finance commitments in 20 developing countries – known as the high-impact countries – that together account for nearly 80% of those living without access to sustainable energy.
With just under 1 billion people still lacking access to electricity and 3 billion without access to clean cooking alternatives, it is crucial that this reality check is heard by donors and recipient governments, development finance communities, investors and private sector companies aiming to mobilize greater funds to ensure clean energy access for all.
97% of Indian households now have access to electricity with an average of 20.6 hours of grid-electricity supply. But there are still gaps that need to be filled for India to achieve its vision of 24/7 uninterrupted electricity supply.
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The Energizing Finance series provides a comprehensive analysis of commitments flowing to the two key areas of energy access: electrification and clean cooking.
This brief, part of the Energizing Finance series, provides an analysis of international finance commitments and disbursements to Sierra Leone – one of the countries worst affected by the 2014-2016 Ebola outbreak.
With the dawn of COVID-19, there is an immediate need for policymakers to create an investment environment that nudges capital flow towards decentralized renewable energy.