Access to Affordable, Reliable, and Sustainable Energy
Access to Clean Affordable Energy:
The world has achieved tremendous progress towards universal access to electricity, reaching nearly to 9 out 10 people in 2018, according to the UN.
However, 716 million around the world still routinely lack access to reliable electricity, out of which the vast majority - about 80% - live in sub-Saharan Africa. Countries with the largest populations without access in terms of absolute numbers include: Nigeria (89 million), the Democratic Republic of Congo (68 million), and Ethiopia (61 million).
(Source: Vivid Economics and Open Capitals Advisors, 2020).
Consequences to Lack of Access to Clean Affordable Energy:
Many studies have shown that lack of access to clean, reliable energy significantly and negatively affects the economic, social and cultural development of society. Without electricity, women have to spend hours fetching wood for fuel, communities cannot have access to clean water, clinics cannot store vaccines/medication, doctors cannot effectively fight against diseases and global pandemics, schoolchildren cannot study at night, and people cannot run competitive businesses.
Lack of access to clean, affordable energy is not just a local issue; it affects everybody in the world because it has direct impact on the environment and affects the global socio-economic dynamics.