Dan Banik and Jörg Ankel-Peters discuss the global challenge of energy poverty, emphasizing the need for innovative energy solutions to provide sustainable and reliable access.
Many nations around the world are grappling with the challenge of providing reliable and sustainable energy access to their populations. Half a billion people, particularly in sub-Saharan Africa and parts of South Asia, still rely on biomass for their basic needs, underscoring the urgent necessity for innovative energy solutions. Â The quest for electrification, especially in rural and underserved regions, is not just about lighting up homes but igniting opportunities for education, healthcare, and economic development. Yet, as we dig deeper, it becomes apparent that the link between electricity access and economic prosperity is nuanced and multifaceted.
Jörg Ankel-Peters co-heads the research department “Climate Change and Development” at RWI – Leibniz Institute for Economic Research in Germany and is a Professor of Economics at the University of Passau. @jrgptrs
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