We are living in very exciting times when it comes to renewable energy. All over the world, countries are taking steps to generate more and more of their power from their wind, solar and hydropower resources, among other means of clean energy production. This expansion is not just vital for human and economic development, it’s key to the world’s efforts to tackle climate change. With less than six weeks to go until policy makers gather for the next UN Climate Conference of the Parties in Lima, Peru and as part of a series of events at the World Bank’s annual meetings, we hosted a panel of energy experts to look at what it will take to rise to the renewable energy challenge and address energy poverty.
“We could go a week without working. But now there isn't one day without work.”
At her hair salon an hour outside Nairobi, Kenya, Elizabeth Kyalo is talking about the impact of electricity. Specifically, the reliable supply of power that has allowed her to bring in more clients and build her business. “It has really helped us,” she says.
Energy is a primary driver of development. A steady supply of electricity allows students to study at night, health clinics to expand services, markets to stay open later, and small businesses such as Elizabeth Kyalo’s to grow, creating jobs.