With just the flick of a switch most of us can enjoy instant light and heat without a second thought.
Yet for many people across the world, the inability to access or pay for energy is a pressing issue that makes life far more challenging. The International Energy Agency (IEA) defines energy poverty as a “lack of access to modern energy services.”
The IEA defines such services as “household access to electricity and to clean cooking facilities”, the latter referring to fuels and stoves that do not generate damaging air pollution within homes.
In 2017, almost 2.7 billion people around the world lacked access to clean cooking facilities, while 992 million did not have access to electricity, according to the IEA.
In India, Frontier Markets, which was founded in 2011, wants to broaden rural communities’ access to clean sources of energy using what it describes as an entrepreneurial model.
Read more at CNBC