Access to affordable, reliable, clean, safe and sustainable energy is critical to improving the living conditions of people around the world. Today, an estimated 789 million people still do not have access to affordable and reliable electricity sources, and 2.8 billion people are without clean cooking facilities, greatly affecting their quality of life. International climate and development finance can help reduce energy finance deficits for both electricity and clean cooking, but what happens if the funds are pledged but never disbursed?
This report identifies the gaps between commitments and disbursements of development finance for energy, as tracked in the OECD Creditor Reporting System (CRS) database.
Through a qualitative lens, the report also identifies reasons why development finance disbursement constraints occur.