Universal access to modern energy could be achieved with an investment of between 65 and 86 billion US dollars a year up until 2030, new research has shown.
The proposed investments are higher than previous estimates but equate to just 3-4 per cent of current investments in the global energy system.
The findings, which have been presented today, 3 May, in IOP Publishing's Environmental Research Letters, also include, for the first time, the policy costs for worldwide access to clean-combusting cooking fuels and stoves by 2030.