A new World Bank report, the State of Access to Modern Energy Cooking Services, finds that the rate of access to modern sources of energy for cooking stands at only 10 percent in Sub-Saharan Africa, 36 percent in East Asia, and 56 percent in Latin America and the Caribbean.
“Lack of progress in clean cooking is costing the world more than $2.4 trillion each year, driven by adverse impacts on health, climate, and gender equality. Women bear a disproportionate share of this cost in the form of poor health and safety, as well as lost productivity,” said Makhtar Diop, World Bank Vice President for Infrastructure. “This toll may increase in the ongoing pandemic as household air pollution, resulting from the use of highly polluting fuels and stoves, may make exposed populations more susceptible to COVID-19 and other respiratory diseases.”
Funding commitments for residential clean cooking by development partners and the private sector had recently fallen from US$120 million to US $32 million1.The State of Access to Modern Energy Cooking Services report estimates that $150 billion is needed annually to reach universal access to modern energy cooking services by 2030. Of this amount, approximately $39 billion is required in public funding to ensure that modern cooking solutions are affordable for the poorest while $11 billion is needed from the private sector to install downstream infrastructure for the functioning of modern energy cooking markets, such as the distribution network. The remaining $103 billion would come from household purchases of stoves and fuels. A less ambitious scenario of reaching universal access to improved cooking services by 2030 requires $10 billion per year, including $6 billion from the public sector to fill the affordability gap and the rest by households.
Click here to view the full report.