More clean energy funds needed for systems that channel power to world's poorest
Barcelona
ONLY a tiny fraction of climate change funding is going into small-scale solar, biogas and other off-grid systems that may be the best way to get power to the world's poorest, researchers say.
That problem, evident in new figures from the London-based International Institute for Environment and Development (IIED), points to a challenge for the main international organisation promoting access to clean energy for everyone on the planet, which last week adopted a strategy to achieve that goal earlier than a 2030 deadline.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Anglo rejects BHP takeover bid as significantly undervalued
India rice prices at three-month low on shrinking demand
Gold prices set for weekly decline ahead of US inflation data
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply
Oil settles higher as weak US economic growth offset by supply concerns
India's Vedanta misses Q4 profit estimates on lower prices