Description
Book SynopsisEnergy access sits at the heart of sustainable development, enabling progress in health, education and women's empowerment, among other things. Recognizing this, the global community committed to a dedicated energy access goal in the Sustainable Development Goals for 2030. To achieve this, investments in national energy systems have increased. Yet, while it is recognized that the majority of these investments should be directed towards decentralized energy systems to have the fastest, most economical result, energy access finance has not shifted or grown accordingly.Poor people's energy outlook 2017 uses national energy planning as an entry point to reframe energy finance discussions. Having developed bottom-up integrated national energy access plans in Togo, Kenya, and Bangladesh in PPEO 2016, PPEO 2017 models the least-cost national technology mix, and financing required, to achieve Total Energy Access in these countries and globally.Achieving SDG7 will require us to challenge business as usual' models that have left over 1 billion people lacking electricity and 3 billion cooking on inadequate stoves. This means building capacity and cross-sectoral partnerships, and focusing on alternative technologies and financing mechanisms to facilitate new ways of working. Key to this will be development finance institutions, donors, philanthropists, impact investors, and other concessional financiers who can help facilitate systemic change using targeted subsidies, concessional loans, and other tools to reach those at the bottom of the pyramid.The PPEO 2017 is the second in a suite of three PPEOs which takes the Total Energy Access framework developed in previous editions and illustrates how to operationalize it in terms of planning (PPEO 2016), financing (this edition), and delivering at scale (PPEO 2018).
