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ENERGY: Tracking SDG7: The energy progress report 2023 – IRENA on GEO´

ENERGY: Tracking SDG7: The energy progress report 2023 – IRENA on GEO´ 
Syndicated By: GEO´ PRWire Team – Gibraltar
 
7th June 2023
 
This annual report tracks global progress toward SDG 7 and serves as a guide for policymakers and the international community in advancing energy access, energy efficiency, renewable energy and international cooperation.
 
This annual report tracks global progress toward Sustainable Development Goal (SDG) 7: Achieving affordable, reliable, sustainable and modern energy for all. It serves as a guide for policymakers and the international community in advancing energy access, energy efficiency, renewable energy and international cooperation to achieve SDG 7. IRENA produces the report jointly with the SDG 7 co-custodian agencies: the International Energy Agency (IEA), the United Nations Statistics Division (UNSD), the World Bank, and the World Health Organization (WHO). The preparatory process for the 2023 edition was chaired by the WHO.
 
The latest data indicate that the world is not on track to achieve any of the SDG7 targets. In 2021, 675 million people still lacked access to electricity. Of those, 567 million people lived in Sub-Saharan Africa – accounting for more than 80% of the global population without access.
 
Meanwhile, 2.3 billion people lacked access to clean cooking, largely in sub-Saharan Africa and Asia. At the current rate of progress, 660 million people are projected to still lack access to electricity in 2030, and 1.9 billion people would continue to rely on polluting cooking fuels. Meanwhile, renewable energy deployment has risen significantly in the power sector, growing by around 27 percent in 2010-2020 and 7 percent in 2019-2020 – the largest annual growth recorded over the past three decades. 
 
The share of renewable sources in total final energy consumption reached 19.1 percent globally in 2020, compared to 16.7% in 2010. However, current progress is insufficient and renewable energy deployment must accelerate considerably – particularly in heat and transport. Progress in energy efficiency measures is also off track, with only a 0.6% rate of improvement in 2021. 
 
Energy intensity must improve at no less than 3.4 percent annually from now until 2030 to make up for the shortfall. Meanwhile, international public financial flows to developing countries to support clean energy decreased for the third year running, amounting to USD 10.8 billion in 2021. This is only about 40% of the 2017 peak of USD 26.4 billion. Learn More /…
 
 
About IRENA
 
The International Renewable Energy Agency (IRENA) is a lead global intergovernmental agency for energy transformation that serves as the principal platform for international cooperation, supports countries in their energy transitions, and provides state of the art data and analyses on technology, innovation, policy, finance and investment. IRENA drives the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy in the pursuit of sustainable development, energy access, and energy security, for economic and social resilience and prosperity and a climate-proof future. Learn More /…
 
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