PROJECT OBJECTIVE
The Global Energy Transition initiative supports efforts to rapidly transform the global power sector toward clean energy, beginning with 10 emerging economies across Africa, Asia, and South America. These are countries where power demand is projected to rapidly grow and there is huge potential for solar, wind, and other renewable energy deployment in this decade. The initiative also supports efforts in Japan, Australia, and South Korea to accelerate the coal to clean energy transition, reduce emissions, and achieve a 1.5-degree pathway. The benefits of a transition to clean energy go far beyond reducing greenhouse gas emissions and mitigating climate change. It creates jobs, builds local manufacturing value chains, improves infrastructure, protects public health by keeping pollutants out of the air, and provides affordable and accessible power. By shifting to clean energy, developing nations can secure a resilient and thriving future.