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|| Critical theme: How can inclusive finance accelerate universal energy access?
||International Institute for Environment and Development (iied)
|| Workshops & Seminars
- Energy Access
- Financing and Business Models
|| 2019/11/14 18:00 London
|| 2019/11/14 19:30 London
|| United Kingdom of Great Britain and Northern Ireland
|| IIED, 80-86 Gray's Inn Road, London WC1X 8NH
|| link to the event|
|| In order to achieve the Sustainable Development Goal (SDG) 7 – universal energy access – by 2030, the enormous public and private energy financing gap must be bridged. On Thursday, 14 November, IIED will host a critical theme to debate the role that investors and finance intermediaries can play to reach SDG7.
Globally, nearly one billion people lack access to electricity and almost three billion live without access to clean cooking facilities.
The technology needed to bring affordable, reliable, sustainable and modern energy to everyone already exists, but investors aren’t providing the kind of capital needed to nurture energy companies in a sector that is still experimenting with business and delivery models.
Current public and private investment flows aren’t sufficient to reach everyone, despite the rapid growth in the off-grid sector in the past decade.
With only ten years left to achieve SDG7, how can we accelerate financing into the sector? What is the role of public financing in various contexts? How can domestic and early-stage companies be nurtured beyond financing? And what practical ways can impact be measured to target those who cannot be reached through business as usual?
IIED's latest critical theme will bring a panel of scholar, practitioners and investors together to discuss these issues.