World needs to move fast to achieve modern renewable energy goals
GN Bureau | May 20, 2015
While the world becomes more connected through all kinds of communication modes, around 1.1 billion people across the globe still live without electricity, reveals a World Bank report.
The report, ‘Progress Towards Sustainable Energy: Global Tracking Framework 2015’ reveals that around 2.9 billion people (which is more than the population of India and China combined) have no access to clean and modern cooking fuel.
READ: Key findings of the report
However, the reports charts out development and said the world has made sufficient progress to achieve sustainable energy requirements for all by 2030. But the world needs to move twice as fast to achieve modern renewable energy goal. At present the consumption of modern renewable energy is accelerated by 4 % per year.
There have been advances in electrification drives primarily by India but progress in Africa remains too slow. In India, 55 million people gained access over 2010 to 2012.
The global electrification rate rose from 83% in 2010 to 85% in 2012 with an additional 222 million people mainly in urban areas gained first time access to electricity (which is more than the population of Brazil, and well ahead of the 138 million population increase that took place over the same period). Overall, the global electricity deficit declined from 1.2 billion to 1.1 billion.
The report provides an update on how fast the world moved towards sustainable energy goals between 2010 and 2012. It tracks progress towards universal access to modern energy, doubling the rate of energy efficiency improvements and doubling the share of renewable energy consumption in the global energy mix.
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