$21 Billion Needed to Bring Electricity to World’s Poorest by 2030

Bringing electricity supply to several hundred million of the world’s poorest would require investments of $21.3 billion by 2030. This is according to the Global Association for the off-grid solar energy industry, which said the sum is six times larger than what it has managed to attract in investments so far, as Bloomberg reported. The annual sum that needs to be spent on opening access to electricity to those without it would come in at about $3.6 billion over the period. “Access to finance remains a significant challenge for the…