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Source- This post “Tracking SDG 7: The Energy Progress Report 2024” has been created based in the World Bank’s article published on 12th June 2024.
Why in News?
According to the recently released “Tracking SDG 7: The Energy Progress Report 2024“, the the world is not on course to achieve the Sustainable Development Goal (SDG) 7 for energy by 2030.
SDG 7 aims to ensure access to affordable, reliable, sustainable and modern energy. The SDG 7 goal includes reaching universal access to electricity and clean cooking, doubling historic levels of efficiency improvements, and substantially increasing the share of renewables in the global energy mix.
About the Report and its important Findings
| Released By | The Report is released annually by the five custodian agencies. The agencies are as follows- 1. The International Energy Agency (IEA) 2. The International Renewable Energy Agency (IRENA) 3. The United Nations Statistics Division (UNSD) 4. The World Bank 5. The World Health Organization (WHO) |
| Focus of the Report | This report summarizes global progress on energy access, energy efficiency, renewable energy, clean cooking, and international cooperation to advance SDG 7. |
| Highlights of the Report | 1.Insufficient Progress- While the share of renewables in global electricity consumption has increased to 28.2%, this is still insufficient to reach the targets set forth in the SDGs. 2. Offtrack in achieving universal access to clean cooking- The world remains off track to achieve universal access to clean cooking by 2030. 2.1 billion people still live without access to clean cooking fuels and technologies, largely in Sub-Saharan Africa and Asia. 3. Increase in the number of people living without electricity- The number of people living without electricity grew for the first time in over a decade. 4. Premature Deaths- Household air pollution created by using polluting fuels and technologies for cooking results in 3.2 million premature deaths each year. 5. Increase in per-capita installed energy-generating capacity- The installed renewable energy-generating capacity per capita has reached a new record in 2022 at 424 watts per capita globally. However considerable disparities exist between the developed and the developing countries. Developed countries (at 1,073 watts per capita) have 3.7 times more capacity installed than developing countries (at 293 watts per capita). |
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