A World Bank official described the challenge of energy transition in poorer countries as follows: “Poorer countries are stuck in a vicious cycle where they pay more for electricity; cannot afford the high upfront cost of clean energy; and are locked into fossil fuel projects.”

Authors

• Person: Not available Organization: Brookings Institution
  Navigating market and political uncertainties in the age of energy ...

Sources

• Navigating market and political uncertainties in the age of energy ... www.brookings.edu Brookings Institution via serper

Referenced by nodes (2)

• energy transition concept
• World Bank Group entity