Doubling the Share of Renewable Energy in the Global Energy Mix
Developed and developing countries alike are increasingly motivated by the benefits offered by renewable energy, including enhanced energy security, reduced greenhouse gas emissions and local envi¬ronmental impacts, increased economic and industria...
| Main Authors: | , |
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| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2014/01/20220594/doubling-share-renewable-energy-global-energy-mix http://hdl.handle.net/10986/20249 |
| Summary: | Developed and developing countries alike
are increasingly motivated by the benefits offered by
renewable energy, including enhanced energy security,
reduced greenhouse gas emissions and local envi¬ronmental
impacts, increased economic and industrial development, and
more options for reliable and modern energy access. Today,
about 120 countries, more than half of them developing
coun¬tries have a national target related to renewable
energy. Moreover, 88 countries have introduced price- or
quantity-based incentives for renewable energy. Just over
half of those countries are developing. Doubling the share
of renewable energy in the global energy mix is one of the
three complementary objectives of the Sustainable Energy for
All (SE4ALL) initiative. Formally launched in the UN General
Assembly in September 2012 and co-chaired by the president
of the World Bank Group and the UN Secretary-General, SE4ALL
calls on governments, businesses, and civil society to
address urgent energy challenges, including increasing the
use of renewable energy, by 2030. |
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