Energizing Finance: Understanding the Landscape 2019
Summary
The executive summary of the 'Energizing Finance: Understanding the Landscape 2019' report analyzes sustainable energy finance from 2013 to 2017, highlighting significant funding gaps for electricity and clean cooking access, particularly in Sub-Saharan Africa, and the continued investment in fossil fuels.
Key insights
- In 2017, total finance for electricity access reached USD 36 billion, but only USD 12.6 billion supported new household access. This amount represents only one quarter of the USD 51 billion annual investment needed to achieve universal access.
- Finance commitments for electricity in Sub-Saharan African countries are described as abysmally low, with the exception of Nigeria. In 2017, ten of the thirteen Sub-Saharan African high-impact countries received less than USD 300 million each, and four reported an absolute decline in electricity investment.
- There is a severe funding gap for clean cooking solutions; while USD 4.4 billion is required annually to close access gaps, only USD 32 million in finance commitments were tracked, which is less than 1 percent of the finance needed for universal access by 2030.
- Investment in fossil fuels continues to be used to support energy access despite the global climate emergency. Finance commitments for grid-connected fossil fuel fired power plants, including coal, dropped from USD 8.1 billion in the previous year's report to USD 6.6 billion. The report states that financing new non-renewable power is incompatible with the Paris Agreement, the SDGs, or responsible investing, and that coal will not reach remote, vulnerable populations.
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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