COP27 failed the most climate-vulnerable
While the climate summit held at Sharm El Sheikh last month prompted pledges of raised funding for solar lanterns and single-panel systems, the money allocated to date is woefully short of what has been estimated would be required to provide universal access to electricity this decade. Drew Corbyn of Netherlands-based global off-grid solar body GOGLA, outlines three urgent courses of action to accelerate access to electricity.
China could drive 4.2 TW of solar capacity by 2050 under decarbonization plan
The solar and wind industries could benefit from a $6.4 trillion boom under the most ambitious of two scenarios described by Bloomberg New Energy Finance, and $2.4 trillion even in the business-as-usual outlook.
