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The 2019 Energizing Finance report by Climate Policy Initiative and Sustainable Energy for All analyzes finance commitments for electrification and clean cooking in 20 high-impact countries (HICs). It finds that current investment levels are severely insufficient to meet Sustainable Development Goal 7 (SDG7) by 2030, particularly in Sub-Saharan Africa, and highlights a critical funding gap for clean cooking and a continued, though slightly declining, reliance on fossil fuel investments.

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  • Investment for electricity access in high-impact countries (HICs) reached USD 36 billion, an increase from the USD 30 billion tracked in the previous report. However, only USD 12.6 billion of these commitments benefit residential customers, which is only 25% of the estimated USD 51 billion annual investment needed for universal access.
  • Finance commitments for electricity in Sub-Saharan Africa are described as abysmally low, with the exception of Nigeria. Ten of the thirteen Sub-Saharan African HICs received less than USD 300 million each in 2017, and four of these countries saw an absolute decline in electricity investment.
  • There is a severe funding gap for clean cooking solutions; while an annual investment of USD 4.4 billion is required to close access gaps, only USD 32 million in finance commitments were tracked, which is less than 1% of the required amount for universal access by 2030.
  • Investment in grid-connected fossil fuel power plants, particularly coal, decreased from USD 8.1 billion in the previous report to USD 6.6 billion. The report asserts that financing new non-renewable power is incompatible with the Paris Agreement and the SDGs.

Cite the original document

APA
Climate Policy Initiative (2019). Energizing Finance: Understanding the Landscape 2019. https://www.climatepolicyinitiative.org/publication/energizing-finance-understanding-the-landscape-2019/
Chicago
Climate Policy Initiative. Energizing Finance: Understanding the Landscape 2019. 2019. https://www.climatepolicyinitiative.org/publication/energizing-finance-understanding-the-landscape-2019/.
Wikipedia
{{cite report |author=Climate Policy Initiative |title=Energizing Finance: Understanding the Landscape 2019 |date=22 October 2019 |url=https://www.climatepolicyinitiative.org/publication/energizing-finance-understanding-the-landscape-2019/ |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{climatepolicyinitiative2019energizing, author = {{Climate Policy Initiative}}, title = {{Energizing Finance: Understanding the Landscape 2019}}, institution = {Climate Policy Initiative}, year = {2019}, month = oct, url = {https://www.climatepolicyinitiative.org/publication/energizing-finance-understanding-the-landscape-2019/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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