Meta Description: Actually at least 3.6 billion people lack adequate access to electricity and 1.6 billion have no access to electricity in their homes and consequently are without means for electric lighting, mechanical power, and telecommunications. Besides, it is estimated that worldwide there are 2.4 billion people–more than one third of humanity-who rely on wood, charcoal, and dung as their principal source of energy for cooking and heating.
It is estimated that four out of five people in a developing world, live in rural areas without electricity, mainly in South Asia and Sub Saharan Africa. According to the International Energy Agency (IEA) these figures will remain largely unchanged in 2015 unless new policies are adopted to expand investment in rural energy infrastructure. In fact, the IEA estimates that a total of US$200 billion worth of investment in electricity will be needed to help half the proportion of people living on less than US$1 a day by 2015. This amount is in addition to the US$5.8 trillion needed just to meet existing projections in electricity demand.
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