World Bank Group (2nd SE4All Forum Commitments)
Description
The World Bank Group will maintain its active support by co-chairing the SE4All Advisory Board and continuing ground-breaking activities in the energy knowledge space through innovative products like: the Global Tracking Framework, Readiness for Investment in Sustainable Energy (RISE), and the Multiplier Framework approach to energy access.
At the country level, the Group has been mobilizing finance and implementing large scale programs. For example, in Myanmar, investment plans are now in place to increase energy access from its current 30% to 100% of households by 2030. And in Guinea, where less than one in five people have access to electricity, we are helping unlock over 6,000 megawatts of hydro-power potential.
The Organization has committed to ensuring that our investments in sustainable energy can increase income and well-being for women and men, improve food security and nutrition, and reduce time poverty.
With their partners, we will support country-level action in three key areas:
1. Reform of energy sectors to attract investment and deliver to citizens
2. Pipelines of bankable projects focused on access, renewable, energy efficiency, and
3. Mobilization of private capital to leverage public energy spending.
SDGS & Targets
Goal 7
Ensure access to affordable, reliable, sustainable and modern energy for all
7.1
By 2030, ensure universal access to affordable, reliable and modern energy services
7.1.1
Proportion of population with access to electricity
7.1.2
Proportion of population with primary reliance on clean fuels and technology
7.2
7.2.1
Renewable energy share in the total final energy consumption
7.3
7.3.1
Energy intensity measured in terms of primary energy and GDP
7.a
7.a.1
International financial flows to developing countries in support of clean energy research and development and renewable energy production, including in hybrid systems
7.b
By 2030, expand infrastructure and upgrade technology for supplying modern and sustainable energy services for all in developing countries, in particular least developed countries, small island developing States, and land-locked developing countries, in accordance with their respective programmes of support
7.b.1
Installed renewable energy-generating capacity in developing and developed countries (in watts per capita)
SDG 14 targets covered
Deliverables & Timeline
Resources mobilized
Partnership Progress
Feedback
Action Network
Share
