World Bank: Business as usual will fail to give sustainable energy for all

Jessica Shankleman
clock

New report warns a doubling or tripling of financial flows into clean energy supplies will be needed to meet UN's energy goals

Governments and businesses must double or even triple investments in new clean sources of energy, according to a new World Bank report that warns over a billion people still lack access to reliable electricity...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Study: Cost competitive heat networks could catalyse £100bn in private investment

Study: Cost competitive heat networks could catalyse £100bn in private investment

Closing the cost gap between heat networks and gas boilers is 'achievable and affordable', industry claims, but it requires clear government commitment

Stuart Stone
clock 28 July 2026 • 4 min read
Schneider Electric's Laurent Bataille: 'Europe needs more engineers, electricians, and digital specialists'

Schneider Electric's Laurent Bataille: 'Europe needs more engineers, electricians, and digital specialists'

Laurent Bataille explains why electrification still isn't getting the attention it deserves, and why it is so difficult to change people's mindsets

Stuart Stone
clock 28 July 2026 • 8 min read
Study: World's six biggest oil and gas majors rake in $147bn in annual profits

Study: World's six biggest oil and gas majors rake in $147bn in annual profits

Oxfam analysis claims BP, Chevron, Eni, ExxonMobil, Shell, and TotalEnergies have seen their profits surge as a result of the Iran war

Michael Holder
clock 28 July 2026 • 4 min read