Global Tracking Framework Sheds Light on the State of Renewable Energy
Vivien
Foster, The World Bank
How many people around the world lack access to electricity and safe household fuels? What’s the share of renewable energy in the global mix? How are we doing in improving energy efficiency? The Sustainable Energy for All Global Tracking Framework Report, released at the Vienna Energy Forum on May 28, answers these questions. It presents detailed country-level and global data that outline the scale of the challenges ahead as countries try to meet the three objectives of the Sustainable Energy for All Initiative: providing universal access to modern energy, doubling the share of renewable energy in the global energy mix, and doubling the rate of improvement in energy efficiency — all by 2030.
Providing electricity to 1.2 billion people who don't have access to reliable sources of energy is a key component to ending extreme poverty worldwide by 2030, according to a World Bank Group report. Vice President Rachel Kyte says people living without electricity have fewer opportunities to improve their lives. The report tells us that 1.2 billion people — almost equal to the population of India — don’t have access to electricity, and that 2.8 billion rely on wood or other biomass for household fuel. Those solid household fuels produce health-damaging indoor pollution that contributes to about four million premature deaths a year, most of them women and children. The report also tells us that most of the people still without access live in 20 countries in developing Asia and Sub-Saharan Africa, and that about 80 percent of them live in rural areas. How quickly is energy access expanding? Although 1.7 billion people obtained connections to electricity
between 1990 and 2010, the rate was only slightly ahead of the
population growth of 1.6 billion over the same period. Electricity
expansion growth will have to double to meet the 100 percent
access target by 2030. Getting there will require an additional $45
billion invested in access every year, five times the current annual
level. The carbon cost of such expansion, however, is low: to
bring electricity to those without it would increase global carbon
dioxide emissions by less than 1 percent. The Global Tracking Framework is a milestone in this effort, said World Bank Vice President for Sustainable Development Rachel Kyte, a member of the Sustainable Energy for All Initiative’s executive committee. “It provides baseline information on where we are in the journey toward meeting global energy goals,” she said. “Everyone will be able to measure their progress towards the baseline. And we know that’s important, because what gets measured is what gets done.” Where can we make the biggest difference? The report identifies high-impact countries that offer the most potential to make rapid progress:
The report concludes that decisive action is needed to achieve these goals. It calls for policy measures, including fiscal, financial and economic incentives, phasing out fossil fuel subsidies, and pricing carbon. The global community will also have to invest in energy improvements. The report estimates that existing investments in energy totaling about $409 billion a year need to more than double to achieve the three goals. An additional $600-800 billion is needed, the report says, including at least $45 billion for electricity expansion, $4.4 billion for modern cooking fuels, $394 billion for energy efficiency, and $174 billion for renewable energy. This article was originally published on The World Bank and was republished with permission. Lead image: Globe tree via Shutterstock
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