Jobs & Productivity
The best solution to poverty is a job. Yet tens of millions of young people are unemployed and their human potential is being wasted. Data suggests that in many countries the cost and reliability of industrial-scale energy is a leading barrier to economic opportunity and job creation.
While household-level energy access has made great strides, it does little to defray the negative economic impacts of low-reliability and costly electricity. Emphasizing scalable solutions for energy poverty will help to tackle the systemic issues that block growing economies.
We believe in a high-energy future for everyone. The Energy for Growth Hub uses the latest data and more relevant economic studies to better understand where energy is a binding constraint to growth. We use those insights to inform policymakers where new investments in energy infrastructure will have the greatest returns to employment creation and economic expansion.
- MemoJob Creation and Energy in AfricaAfrica needs jobs. Jobs require energy. A low energy future is a jobless future. If millions of young Africans and their families are to escape poverty and have a more stable and prosperous future, the challenges of large-scale power must be solved.Learn More
- MemoCosts of unreliable electricity to African firmsThe availability and reliability of electricity services is crucial for economic development because of electricity’s role as a powerful engine of social and economic change.Learn More