Pioneering “Energizing Finance” research tracks and analyzes finance flows on energy access in Sub-Saharan Africa and Asia
At the 72nd UN General Assembly, Sustainable Energy for All (SEforALL) and partners launched new research that, for the first time, tracks and analyzes finance flows for electricity and clean cooking access in 20 countries across Africa and Asia with significant access gaps.
The new Energizing Finance report series reveals that current flow of finance for energy access and clean cooking will not achieve global goals for delivering universal access by 2030. Yet the data also shows that by scaling and refining finance strategies, we can reach more people, more affordably, with sustainable energy.
The reports – produced in partnership with the World Bank Group, the African Development Bank, Climate Policy Initiative, E3 Analytics and Practical Action Consulting – looks at: the amount and type of international and domestic finance flowing to these countries for energy access, including a deep dive into the domestic finance flowing in Bangladesh, Ethiopia and Kenya; how effectively and quickly that finance is being disbursed for projects; and the finance needs and challenges of solar enterprise and other renewable energy businesses operating in these countries.