One billion people around the world live without access to electricity, and well over a third of the global population still relies on wood to cook its food. The lack of access to reliable and clean energy is a major barrier to improving human health and to driving economic growth in the world’s poorest areas.
In response to this challenge, the United Nations has set the goal of spreading access to electricity to every corner of the globe within little more than a decade. Rachel Kyte, Chief Executive Officer of Sustainable Energy for All, an organization focused on achieving the UN’s energy development goal, talks about the challenge of delivering universal access to electricity while addressing the climate impact that growing energy use might bring. She also takes a look at the challenges to financing energy transition on a global scale.