EIB joins Rockefeller Foundation’s call to action to provide sustainable energy for one billion people by 2030
The Rockefeller Foundation and the European Investment Bank today announced the formation of a global coalition aimed at providing sustainable energy for one billion people within this decade.
- The Rockefeller Foundation and the European Investment Bank today announced the formation of a global coalition aimed at providing sustainable energy for one billion people within this decade.
- Today one in ten of the worlds people (800 million) lack access to electricity, including half the population of sub-Saharan Africa.
- Another 2.8 billion people lack access to electricity that is reliable enough to secure their livelihoods or power modern healthcare facilities and schools.
- The pandemic has only exacerbated the inequality of global energy access.
- Our success will empower millions of people to participate in a modern economy, growing economic opportunity for us all.
- Accelerating high-impact investments to improve access to clean energy is essential to address the climate crisis, fight poverty and improve public health.
- The EIB is a global leader providing technical and financial support for secure and affordable renewable energy investment.
- Between 2015 and 2019, the EIB provided more than 62 billion for renewable energy, energy efficiency and electricity grid projects worldwide.