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This report outlines a number of possible actions for LLDCs to advance the adoption of renewable energy and harness related socio-economic and environmental benefits. The report concludes that the world is likely to fail to achieve the SDG 7 target of 100 percent access to electricity by 2030, despite notable progress in electrification being recorded over the last decade.

The global discourse on the means to ensure a climate-safe future has placed renewables at the center of recommended measures to definitively tackle the regressive effects of climate change. In order to successfully shift to a green energy sector, governments need to commit to the energy transition and align it with long-term strategies. 

Accelerating progress in the global energy transition – and therefore expanding renewable energy markets – will require continued mobilisation and effective deployment of significant investments. Renewable energy investments still fail to meet the requisite threshold to steer the world towards achieving sustainable development and climate goals and realising the many benefits of the energy transition.

Download the full report here