The international community faces a major challenge. The development of energy supply in developing countries is a key prerequisite to successful poverty reduction and achievement of the Millennium Development Goals (MDGs). At the same time, firm measures must be taken to reduce global energy consumption and hold back climate change. Global energy consumption is rising – a radical change in energy policy is needed. So far it has been the industrialised countries that have consumed the largest share of oil, coal and gas. However, the share of these fuels being consumed by developing and emerging countries is rising. According to a study prepared by the International Energy Agency (IEA), unless global energy and climate policy changes the demand for energy will increase by more than half by the year 2030. Developing countries will be responsible for almost ninety per cent of this increase, more than half of which will be attributable to India and China alone.
more - Context: Development needs sustainable energy