Excerpts from the report by the New Economics Foundation:
... a single year's worth of World Bank spending on fossil fuel projects could be spent instead on small-scale solar installations in sub-Saharan Africa, providing electricity for 10 million people.
And a year's worth of global fossil fuel subsidies could "comfortably" pay off sub-Saharan Africa's entire international debt burden, leaving billions of dollars to spare.
Reshaping our energy supply holds the secret to ending poverty and preventing global warming. Small-scale renewables remain the best answer for communities and the environment
Andrew Simms, Nef
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