An achievable goal: Giving modern energy to the billions who lack it

(Oslo) — 10 October 2011

Energy poverty is an unacceptable blight – one that wont disappear unless strong, co-ordinated actions are taken on a global scale. Now, a new report from the International Energy Agency shows that universal access to modern energy by 2030 is an achievable goal and spells out exactly how to pay for it.

“Eradicating energy poverty is a moral imperative, and this report shows that it is achievable. Now it is just a question of mustering the political will,” said IEA Executive Director Maria van der Hoeven as she launched the report. “In too many countries today, children cannot do their homework because they have no light. Food cannot be kept because there is no electricity. In short, modern society cannot function. The United Nations has declared 2012 the "International Year of Sustainable Energy for All" and this is an excellent opportunity for us to agree on rapid collective action to address this unacceptable problem.”

The IEA report, "Energy for All: financing access for the poor," is an early excerpt of the World Energy Outlook 2011. Ms. Van der Hoeven and IEA Chief Economist Fatih Birol launched the report today at Energy for All, a special conference that the government of Norway and the IEA organised to explore financing solutions and policies for increased energy access.

The report contains the following key findings:


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