The Challenge
Approximately 13% of global CO2 emissions are linked to the use of subsidized fossil fuels. Subsidies are expensive, lead to overuse of fossil fuels, can deter private sector investment, and undermine climate change…
A billion people still live without electricity, but certain countries, mainly in Sub-Saharan Africa and parts of Asia, are starting to adopt new electrification approaches, reaching millions of people in the past few years.
The International Energy Agency (IEA) projects that the mini grids and stand-alone off-grid systems will play key roles in extending electricity to many rural areas in Sub-Saharan African (SSA) countries that currently do not have access…
The World Bank Group has announced yesterday that it is proposing to commit $1 billion for a new global program – the Accelerating Battery Storage for Development program - to help fast-track investments in battery storage for energy…
