Energizing Finance: Understanding the Landscape 2019
Summary
The report identifies significant funding gaps for universal energy access, noting that 2017 electricity access finance for new households reached only a quarter of the required annual investment. It highlights critically low investment in Sub-Saharan Africa and a severe shortfall in clean cooking finance, which represents less than 1% of the needed amount. Additionally, it argues that continued investment in fossil fuel power plants is incompatible with the Paris Agreement and the SDGs.
Key insights
- In 2017, total finance for electricity access was USD 36 billion, but only USD 12.6 billion supported new household access, which is only 25% of the USD 51 billion annual investment needed for universal access.
- Investment in electricity for Sub-Saharan African countries is very low, with the exception of Nigeria; ten of the thirteen high-impact countries in this region received less than USD 300 million each in 2017, and four saw an absolute decline in investment.
- There is a massive funding gap for clean cooking solutions, with only USD 32 million in tracked finance commitments against an annual requirement of USD 4.4 billion, meaning less than 1% of the finance needed for universal access by 2030 is being provided.
- Finance for grid-connected fossil fuel power plants, including coal, dropped from USD 8.1 billion in the previous report to USD 6.6 billion, yet the document asserts that financing new non-renewable power contradicts the Paris Agreement, the SDGs, and responsible investing.
Cite the original document
- APA
- Sustainable Energy for All (2019). Energizing Finance: Understanding the Landscape 2019. https://www.seforall.org/publications/energizing-finance-understanding-the-landscape-2019
- Chicago
- Sustainable Energy for All. Energizing Finance: Understanding the Landscape 2019. 2019. https://www.seforall.org/publications/energizing-finance-understanding-the-landscape-2019.
- Wikipedia
- {{cite report |author=Sustainable Energy for All |title=Energizing Finance: Understanding the Landscape 2019 |date=22 October 2019 |url=https://www.seforall.org/publications/energizing-finance-understanding-the-landscape-2019 |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{sustainableenergyforall2019energizing, author = {{Sustainable Energy for All}}, title = {{Energizing Finance: Understanding the Landscape 2019}}, institution = {Sustainable Energy for All}, year = {2019}, month = oct, url = {https://www.seforall.org/publications/energizing-finance-understanding-the-landscape-2019}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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