Information for 17156IIED
Stimulating quality investment in sustainable energy for all
Governments and donors are looking to the private sector to help generate the $1 trillion of additional investment required to achieve universal energy access by 2030. One in five people lack access to electricity, paying instead for kerosene or candles. Evolving low-income energy markets have huge growth potential but their high risks and low rates of return are more suited to impact investors than mainstream commercial investors. Crowdfunding is an exciting new way to link individual investors to local projects. Governments and donors still have key roles to play in leveraging investment and stimulating the market. More demonstration and validation of innovative business models will increase investor confidence. Ultimately, better energy access should lead to better health, livelihoods and resilience — a key aim of ‘quality investment’.