According to SEforALL, an annual investment of USD 52 billion is needed to meet universal electrification targets by 2030. At present, financial commitments for electricity in the 20 ‘high-impact’ countries - representing 76% of those without electricity access, averaged just USD 30.2 billion annually. By 2030 clean energy mini-grids are expected to be the most cost-effective solution to deliver 71% of all new electricity connections in rural areas of Sub-Saharan Africa and South-East Asia.
To solve the energy access issue, substantial public and private investment will thus have to flow into the clean energy mini-grid sector.
This side event is organised by ARE and SEforALL as part of KIREC.
Policy & Business Development Manager
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