POWER FOR ALL: THE ENERGY ACCESS IMPERATIVE
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Donn Tice & Kristina Skierka | Today, nearly one-third of the global population is without access to reliable power. While the United Nations has prioritized delivering sustainable energy for all, current prospects seem dim: experts estimate it will take $700 billion dollars and more than 20 years to achieve universal energy access. There is a faster, better path to universal energy access: market-based, distributed solutions that directly engage the energy impoverished in creating their own (renewable) energy and controlling their own destinies. Power for All demonstrates that the burgeoning market for renewable, distributed, and democratized energy products—estimated by some to be worth $500 billion—can quickly leapfrog electrical grids and rapidly accelerate the access timeline.
MAKING CLIMATE CHANGE MITIGATION MORE MEANINGFUL: THE LINK TO UNIVERSAL ENERGY ACCESS
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Aaron Leopold | The global energy system is the single largest contributor to climate change, and reducing energy consumption and greenhouse gas emissions from energy is of paramount global importance to avoid catastrophic climate change. But increasing access to modern energy services for the 1.2 billion people who have none is a global imperative as well. Access to energy increases incomes, improves heath, healthcare, education, and security, and reduces labour intensive practices of all kinds. This paper emphasizes the fundamental importance of including both issues in climate planning and provides recommendations on how decision-makers and institutions can quickly and effectively address both issues simultaneously.
Clean Energy Services for All: Financing Universal Electrification
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Stewart Craine, Evan Mills, Justin Guay | One in five people around the world, approximately 1.3 billion people,1 lack access to electricity. Prevailing estimates of the investment required to end this energy poverty rely on a flawed analysis2 from the International Energy Agency (IEA) which calls for unrealistic investment levels at inappropriate growth rates for inefficient energy delivery. We propose a new approach to end energy poverty that is founded on a clean energy model of delivery and reflects real world investment opportunities and needs. Taken in sum, we believe this approach—Clean Energy Services for All (CES4All)—represents the cheapest, most effective means of delivering on energy access goals, and we urge public and private financiers to align investment priorities accordingly.