Clean Energy Services for All: Financing Universal Electrification

Clean Energy Services for All: Financing Universal Electrification

TitleClean Energy Services for All: Financing Universal Electrification
Publication TypeReport
Year of Publication2014
AuthorsStewart Craine, Evan Mills, Justin Guay
Abstract

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

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