Informing the Financing of Universal Energy Access

12 September 2011

Parts of the developing world must increase investments to at least five times current levels in order to provide universal energy access by 2030 according to a recent United Nations' report titled Informing the Financing of Universal Energy Access: An Assessment of Current Flows. The study finds that in countries like Kenya, where less than 20% of the population has access to grid-based energy, increased investments in energy have less of an effect on the energy poor due to high costs. The findings of the report also show that there is a downward tendency in energy related foreign direct investment into developing countries in recent years.