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: Over 70 per cent of businesses to push forward with electrification

Study: Over 70 per cent of businesses to push forward with electrification

But drive to electrify is fuelling concerns over security of supply and volatile energy costs, according to a major new study from EY

Stuart Stone
clock 01 May 2025 • 4 min read
Study: Overlooked industrial gas giants not acting swiftly enough to cut emissions

Study: Overlooked industrial gas giants not acting swiftly enough to cut emissions

Firms consuming more electricity than the likes of Google, Amazon, and Microsoft must rapidly decarbonise to help preserve a 'safe climate', report warns

Stuart Stone
clock 30 April 2025 • 4 min read
CCC boss urges government to 'make electricity as cheap as possible'

CCC boss urges government to 'make electricity as cheap as possible'

Emma Pinchbeck tells Innovation Zero that UK has a critical role to play in the new ‘age of electricity’

James Murray
clock 29 April 2025 • 6 min read