ef-2018-es_seforall-23dba1375e868420.pdf

This executive summary analyzes finance commitments for electricity and clean cooking access in 20 high-impact countries between 2013-14 and 2015-16. While electricity finance increased, it remains insufficient to meet 2030 universal access goals, with a significant geographical imbalance favoring Asia over Sub-Saharan Africa. Finance for clean cooking has decreased and remains critically low.

• Electricity finance is heavily skewed toward non-residential customers and grid-connected technologies. In 2015-16, 72% of finance went to non-residential consumers, while only 28% (USD 8.6 billion) supported residential access. Grid-connected renewable technologies received 54% (USD 16.2 billion) of finance, but grid-connected fossil fuel plants also accounted for 27% (USD 8 billion), with coal investments growing from USD 2.8 billion in 2013-14 to USD 6.8 billion in 2015-16.
• There is a severe geographical imbalance in electricity finance. Four countries—India, Philippines, Bangladesh, and Kenya—received 86% of annual commitments, totaling USD 26 billion. Conversely, Sub-Saharan Africa received only 17% (USD 5 billion) of total electricity finance in 2015-16, a decrease of USD 1 billion from the 2013-14 period, despite IEA forecasts that 95% of additional investment needed for universal electrification must occur in that region.
• India is highlighted as a 'bright spot' due to a massive increase in domestic private investment, which grew from USD 1.6 billion per year in 2013-14 to USD 10 billion per year in 2015-16. Approximately 87% of this 2015-16 investment was directed toward grid-connected solar and wind projects, driven by a national target of 175GW of renewable energy by 2022.
• Finance for clean cooking is critically insufficient and declined by 5%, from USD 32 million in 2013-14 to USD 30 million in 2015-16. This is a small fraction of the USD 4.4 billion annual investment needed by 2030. Most of this funding (92%) came from international sources, with the public sector providing 69% of the total.
• In Indonesia, domestic public subsidies were the primary driver for clean cooking adoption, far exceeding international or private finance. The government spent an annual average of USD 1.8 billion on subsidies to support LPG use between 2015-16, which increased LPG use from 10.6% in 2007 to 72.4% in 2016.

APA

Climate Policy Initiative (n.d.). ef-2018-es_seforall-23dba1375e868420.pdf. https://www.climatepolicyinitiative.org/wp-content/uploads/2018/11/EF-2018-ES_SEforALL.pdf

Chicago

Climate Policy Initiative. ef-2018-es_seforall-23dba1375e868420.pdf. n.d. https://www.climatepolicyinitiative.org/wp-content/uploads/2018/11/EF-2018-ES_SEforALL.pdf.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=ef-2018-es_seforall-23dba1375e868420.pdf |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2018/11/EF-2018-ES_SEforALL.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiativendef2018esseforall23dba1375e868420pdf, author = {{Climate Policy Initiative}}, title = {{ef-2018-es\_seforall-23dba1375e868420.pdf}}, institution = {Climate Policy Initiative}, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2018/11/EF-2018-ES_SEforALL.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }