The new global energy economy represents a huge opportunity for growth and employment in emerging and developing economies. This report’s analysis identifies key barriers and how to remove them – and sets out the policy actions and financial instruments that can deliver a major acceleration in private capital flows for the energy transition.
This proposed roadmap illuminates a way forward for how the world can achieve a sustainable energy future. The energy transition can thus no longer be limited to incremental steps. It must become a transformational effort, a system overhaul, based on the rapid upscaling and implementation of all available technologies to innovate for the future.
In recent years, the role of battery storage in the electricity sector globally has grown rapidly. Before the Covid-19 pandemic, more than 3 GW of battery storage capacity was being commissioned each year. About half of these additions were utility-scale front-of-meter projects; the remaining half being behind-the-meter projects addressing individual customer requirements. However, these projects have mostly been commissioned in developed countries, despite it being clear that batteries can deliver substantial benefits in less developed countries.
This summary report, the third in the series, presents key findings from the first three years of CCDRs, covering 72 countries and economies. First, it summarizes CCDR findings on the impacts of climate change on people and explores how putting people at the core of climate-development policies enhances their effectiveness and generates larger benefits.
The CCDR reports help countries prioritize the most impactful actions that can reduce greenhouse gas (GHG) emissions and boost adaptation and resilience, while delivering on broader development goals. The reports suggest concrete, priority actions to support the low-carbon, resilient transition.
The Global Solar Atlas offers access to data needed for preliminary assessment of solar energy projects and sites through use of GIS data layers and maps in Download section.
Global Solar Atlas 2.0 : Technical Report (English). Energy Sector Management Assistance Program Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/529431592893043403