Over seven hundred million people have no access to electricity globally. Electrification efforts have closed the gap in the last decade, but less so over the last five years. This represents 10% of the world’s population.
Fossil fuels still account for 84% of global energy supply. Renewables only account for 5% of energy supplied.
The availability and affordability of electricity is strongly related to income. Financing and equitable cost of energy represents one of the major barriers to achieve global access to energy.