more than the 36 percent increase in the global population. Access to energy is fundamental to development, but as economies evolve, rising incomes and growing populations demand more energy. Sustainable Development Goal 7 seeks to ensure access to affordable, reliable, sustainable and modern energy for all and achieving this will require increasing access to electricity, the take-up of clean fuels and renewable energies, and energy efficiency.
A fifth of the world's electricity production in 2012 came from renewable energy sources such as solar, wind, geothermal, and hydropower. The International Energy Agency estimates this could rise to a quarter of the world's production by 2020.
Note: I picked "over 80%" just for emphasis - I was surprised by the countries in Sub-Saharan Africa such as Zambia where hydropower is a big part of the energy generation mix. You can see a map with values for all countries with available data here.
The World Bank's forecast for the average oil price in 2016 is $37 per barrel. Commodity Markets Outlook provides a quarterly analysis of international commodity markets, and the oil forecast reflects factors including a slowing global economy, high oil inventories and unchanged OPEC policy prioritizing market share.
Cross posted from the End Poverty in South Asia blog
It has been a season ripe with new ideas and shifts in the open data conversation. At the Cartagena Data Festival in April, the call for a country-led data revolution was loud and clear. Later in June at the 3rd International Open Data Conference in Ottawa there was an emphasis on the use of open data-beyond mere publishing.
Mulling on these takeaways, a logical question to ask may be: what would a country-focused data project that aims to put data to use look like?
(Source: FRED Economic Data)
A recent World Bank Group feature story broke down country by country the potential regional consequences. And according to the Bank Group’s Global Economic Prospects report, the decline in oil prices will dampen growth prospects for oil-exporting countries.
There are various factors that can be used to assess the impact of falling oil prices on countries. One such factor is trade. Countries exporting mostly fuel products will lose export revenue as oil prices drop. The chart below shows the top 15 countries that exported fuel in 2012. You can visualize the data for other years and products using the World Integrated Trade Solution’s (WITS) product analysis visualization tool.