Monday, April 24, 2017

More Action Needed to Meet Energy Goals by 2030, New Report Finds

The current pace of progress on three global energy goals – access to electricity, renewable energy and efficiency – is not moving fast enough to meet 2030 targets, according to the latest Global Tracking Framework (GTF) report released today by the World Bank and the International Energy Agency as part of the Sustainable Energy for All Knowledge Hub. The report shows that the increase of people getting access to electricity is slowing down, and if this trend is not reversed, projections are that the world will only reach 92% electrification by 2030, still short of universal access. Only energy efficiency made progress towards meeting these objectives; with energy savings during the 2012-2014 GTF reporting period enough to supply Brazil and Pakistan combined. While the research found that most countries are not doing enough, some are showing encouraging progress, including Afghanistan, Cambodia, Kenya, Malawi, Sudan, Uganda, Zambia, and Rwanda. These countries underscore that accelerating progress towards universal access is possible with the right policies, robust investments (both public and private) and innovative technology. Rachel Kyte, CEO and Special Representative to the UN Secretary-General for Sustainable Energy for All, said: “If we’re to make access to clean, affordable and reliable energy a reality, action must be driven through political leadership. This new data is a warning for world leaders to take more focused, urgent action on access to energy and clean cooking, improving efficiency and use of renewables to meet our goals. While we are making some progress - with many of the technologies we need available and policy roadmaps increasingly clear - it's not enough. We all made the commitment to act, and every day we delay it becomes more painful and expensive.”

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