The leaders of the United Nations and World Bank have hatched a plan to make sure everybody in the world has access to electricity by 2030. It would involve a huge ramp-up in electricity generation, including continued growth in renewables, and vast improvements in energy efficiency. It would also require hundreds of billions a year in investments.
But not all energy sources are welcome. "We don't do nuclear energy," World Bank President Jim Yong Kim said in announcing a push for financing for the plan. (The World Bank doesn't do much coal anymore either.)
United Nations Secretary General Ban Ki-moon and World Bank Group President Jim Yong Kim [on Wednesday] announced a concerted effort by governments, international agencies, civil society and private sector to mobilize financing to deliver universal access to modern energy services such as lighting, clean cooking solutions and power for productive purposes in developing countries, as well as scaled-up energy efficiency, especially in the world’s highest-energy consuming countries.