Post by The World Bank Group

𝗡𝗘𝗪 𝗥𝗘𝗣𝗢𝗥𝗧 | 655 million people still live without electricity, and 2 billion people rely on polluting fuels for cooking. As energy security and affordability become increasingly urgent global priorities, the latest Tracking SDG 7: The Energy Progress Report shows that progress toward universal energy access is uneven—and in some regions, slowing down. 𝗞𝗲𝘆 𝗳𝗶𝗻𝗱𝗶𝗻𝗴𝘀: ➡️ Global electricity access has stalled at 92% ➡️ More than 560 million people in Sub-Saharan Africa still lack electricity ➡️ Renewable energy now accounts for over 30% of global electricity consumption ➡️ Clean energy financing for developing countries reached $24.6 billion in 2024—but remains far below what is needed ➡️ Without accelerated action, the world will fall short of achieving SDG 7 by 2030 To close the gap, countries and partners must scale up investment in renewable energy, expand affordable access solutions such as mini-grids and off-grid solar, strengthen energy efficiency, and ensure financing reaches the most vulnerable communities. Universal access to affordable, reliable, sustainable, and modern energy is within reach—but only with stronger political leadership, targeted policies, and sustained investment. Read the report and learn what's needed to accelerate progress toward SDG 7. https://lnkd.in/e5irNmz2