Progress on Global Energy Goals Slow, but Strong Gains in Countries Show Promise.

The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and industrial energy efficiency, according to a new report from five international agencies.

Renewable energy is making impressive gains in the electricity sector, although these are not being matched in transportation and heating – which together account for 80% of global energy consumption.

While global trends are disappointing, recent national experiences around the world offer encouraging signs. There is mounting evidence that with the right approaches and policies, countries can make substantial in clean energy and energy access, and improve the lives of millions of people.

The Energy Progress Report, launched at the Sustainable Energy for All Forum today, is the most comprehensive look available at the world’s progress towards the global energy targets on access to electricity, clean cooking, renewable energy and energy efficiency.  

The report can be downloaded at http://trackingSDG7.esmap.org/ Funding for the report was provided by the World Bank’s Energy Sector Management Assistance Program (ESMAP).

 

Business | News published on 04/05/2018 by Rashmi Nargundkar

 
 
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