IDEAS home Printed from https://ideas.repec.org/p/ags/feemcl/115729.html
   My bibliography  Save this paper

Informing the Financing of Universal Energy Access: An Assessment of Current Flows

Author

Listed:
  • Bazilian, Morgan
  • Nussbaumer, Patrick
  • Gualberti, Giorgio
  • Haites, Erik
  • Levi, Michael
  • Siegel, Judy
  • Kammen, Daniel M.
  • Fenhann, Joergen

Abstract

Energy poverty is widely recognized as a major obstacle to economic and social development and poverty alleviation. To help inform the design of appropriate and effective policies to reduce energy poverty, we present a brief analysis of the current macro financial flows in the electricity and gas distribution sectors in developing countries. We build on the methodology used to quantify the flows of investment in the climate change area. This methodology relies on national gross fixed capital formation, overseas development assistance, and foreign direct investment. These high-level and aggregated investment figures provide a sense of scale to policy-makers, but are only a small part of the information required to design financial vehicles. In addition, these figures tend to mask numerous variations between sectors and countries, as well as trends and other temporal fluctuations. Nonetheless, for the poorest countries, one can conclude that the current flows are considerably short (at least five times) of what will be required to provide a basic level of access to clean, modern energy services to the “energy poor”.

Suggested Citation

  • Bazilian, Morgan & Nussbaumer, Patrick & Gualberti, Giorgio & Haites, Erik & Levi, Michael & Siegel, Judy & Kammen, Daniel M. & Fenhann, Joergen, 2011. "Informing the Financing of Universal Energy Access: An Assessment of Current Flows," Climate Change and Sustainable Development 115729, Fondazione Eni Enrico Mattei (FEEM).
  • Handle: RePEc:ags:feemcl:115729
    DOI: 10.22004/ag.econ.115729
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/115729/files/NDL2011-056.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.115729?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alfonso Carfora & Monica Ronghi & Giuseppe Scandurra, 2017. "The effect of Climate Finance on Greenhouse Gas Emission: A Quantile Regression Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 7(1), pages 185-199.
    2. Mertzanis, Charilaos & Garas, Samy & Abdel-Maksoud, Ahmed, 2020. "Integrity of financial information and firms' access to energy in developing countries," Energy Economics, Elsevier, vol. 92(C).
    3. Elena Stupnikova & Tatyana Sukhadolets, 2019. "Construction Sector Role in Gross Fixed Capital Formation: Empirical Data from Russia," Economies, MDPI, vol. 7(2), pages 1-16, May.
    4. Mathilde Brix Pedersen, 2016. "Deconstructing the concept of renewable energy-based mini-grids for rural electrification in East Africa," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 5(5), pages 570-587, September.
    5. Giorgio Gualberti & Morgan Bazilian & Erik Haites & Maria da Graça Carvalho, 2012. "Development Finance for Universal Energy Access," Working Papers 2012.12, Fondazione Eni Enrico Mattei.
    6. Bhattacharyya, Subhes C., 2013. "Financing energy access and off-grid electrification: A review of status, options and challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 20(C), pages 462-472.
    7. Krupa, Joel, 2012. "An indeterminate future: Assessing the need for greater US–Canada transmission integration," Utilities Policy, Elsevier, vol. 23(C), pages 99-101.
    8. Renato Passaro & Ivana Quinto & Giuseppe Scandurra & Antonio Thomas, 2020. "How Do Energy Use and Climate Change Affect Fast-Start Finance? A Cross-Country Empirical Investigation," Sustainability, MDPI, vol. 12(22), pages 1-23, November.
    9. Andrea Vaona & Natalia Magnani, 2014. "Access to electricity and socio-economic characteristics: panel data evidence from 31 countries," Working Papers 15/2014, University of Verona, Department of Economics.
    10. Taibi, Emanuele & Gualberti, Giorgio & Bazilian, Morgan & Gielen, Dolf, 2016. "A framework for technology cooperation to accelerate the deployment of renewable energy in Pacific Island Countries," Energy Policy, Elsevier, vol. 98(C), pages 778-790.

    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:feemcl:115729. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/feemmit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.