April 19, 2011

The greening of development: no growth without energy

A short article for the World Bank Development Outreach Magazine, issue on Emerging Issues in Development Policy: The winding road to growth and equity, April 2011.

Economic development increases the demand for energy. This is true for countries at all income levels, although as economic growth progresses, the demand tends to increase more in the low- and middle-income countries than in high-income ones. But energy remains a key ingredient for economic growth at all stages of development.
With 5.4 billion people living in low and middle-income countries—out of  a global population of 6.5 billion—energy demand will very likely continue to grow at a fast pace for many years to come. [...]

Download the article.