Financing Clean Energy Access in Emerging Economies
Sub-Saharan Africa has 89% of the world's people without electricity but received 28% of international public clean-energy finance in 2015–2024, about $82 per person without power over a decade. Twenty-five 'forgotten frontier' countries with 486 million people without electricity received 7%. Where finance does arrive, capital costs more than twice as much as in rich economies and currencies have lost three quarters of their value, so the price of money becomes the price of power.