A report on sustainable energy for all and power for all rural and vulnerable populations in developing countries was released at the United Nations Framework Climate Change Conference (C.O.P. 23) meeting in Bonn, Germany. 

The “Why wait? Seizing the energy access dividend” report focuses on deploying decentralized renewable energy solutions and developing countries could miss out on multiple wide ranging benefits if they are forced to wait years, or even decades to get access to electricity through first ever power from the grid. 

The report presents a first-of-its-kind approach to developing a framework for understanding and quantifying the financial, educational and environmental dividends for households through accelerated access to decentralized electricity, such as solar home systems and clean energy mini-grids. 

According to the report, households in Bangladesh, Ethiopia and Kenya – which were used as report Case Studies – can save hundreds of dollars, equivalent to the average annual income of between 61,800 and 406,000 people depending on the country and timeframe to deliver universal access. 

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Source: Samoa Observer