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| Mon, 14th Dec 2020 16:55:00 |
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A Third of the World’s Population Are Left Without Steady Power |
The Rockefeller Foundation announced a global coalition aimed at providing sustainable energy for one billion people within this decade. Organizations joining this call to action include the African Development Bank, CDC, the UK’s development finance institution, European Investment Bank, International Energy Agency, International Renewable Energy Agency (IRENA), United Nations Development Programme (UNDP), U.S. International Development Finance Corporation and U.S. Agency for International Development (USAID).
Today one in ten of the world’s people (800 million) lack access to electricity, including half the sub-Saharan Africa population. Another 2.8 billion people lack access to reliable electricity to secure their livelihoods or power modern healthcare facilities and schools. The pandemic has only exacerbated the inequality of global energy access.
“In this era of unprecedented crises—including the coronavirus pandemic—we have a responsibility and remarkable opportunity to harness the power that can lead to a more equitable, safer world,” said Dr. Rajiv J. Shah, President of The Rockefeller Foundation, “Our goal is ambitious yet achievable: to bring reliable and sustainable electricity, powered by renewable technologies, to a billion people by the decade’s end. Our success will empower millions of people to participate in a modern economy, growing economic opportunity for us all.”
As the world begins to focus on vaccine distribution and stimulus to help bring about a rapid end to the devastation of Covid-19, the new coalition is focused on unleashing the full potential of distributed renewable energy systems, including technologies such as mini-grids; grid-connected local generation, and storage; renewable power solutions for industrial and commercial clusters; and stand-alone commercial appliances. Over the past decade, technological breakthroughs have made these systems more affordable and easier to deploy; harnessing their impact is essential for rapidly providing electricity to power modern economies and critical social services.
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