Building a path for the clean energy transition: Lessons from World Bank support for renewable energy
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The ongoing dominance of fossil fuels in global energy production accounts for more than 60% of overall greenhouse gas emissions. The Clean Energy Transition —the pathway for decarbonizing global energy— is essential for addressing climate change and will also provide a key means for the poor to access affordable, reliable, clean electricity. The transition will be central to achieving both the goals of the Paris Climate Accords and key elements of the Sustainable Development Goals, and experts agree that Renewable Energy (RE) has a vital role to play in the Clean Energy transition.