This report describes how efficient markets, served by successful private enterprises, can contribute significantly to expanding energy access and result in longer-lasting solutions. While inadequate and unreliable electricity undermines investment and remains a major impediment to economic growth, roughly $50 trillion in investment will be required over the next two decades to meet the world’s energy needs, as estimated by the International Energy Agency.
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Sectors: Cross cutting, Power sector, Renewables
Country / Region: Global
Tags: electricity generation, energyKnowledge Object: Publication / Report
Published by: Shell Foundation
Publishing year: 2014
Author: Shell Foundation