The Pak Banker

Pakistan's renewable shares exceed global average: WB

- Staff Reporter

Share of renewable energy has surpassed the global average in Pakistan - one of the world's top 20 countries accounting for three quarters of the global energy demand, but with more than a quarter of the population without access to electricit­y, the World Bank said.

The World Bank in the Energy Progress Report 2019 said renewable share in Pakistan crossed over the global average of 17.5 percent in 2016 due to traditiona­l uses of biomass for cooking.

The World Bank said Pakistan was among the top 20 energy consumers globally that represent only two-thirds of renewable energy consumptio­n. Of them, six countries have renewable shares crossed the global average, according to the World Bank's report covering the 2010-2017 period. Traditiona­l uses of biomass too dominated the renewable consumptio­n in India, Indonesia and Nigeria. Modern uses of biomass were most prevalent in Brazil and hydropower in Canada.

The World Bank said Pakistan has seen a rapid increase in annual access to electricit­y and clean fuel between 2010 and 2017, though it is still one of the countries with the lowest electrific­ation rates.

The World Bank said the country saw more than one percent increase in electrific­ation during the period, which was one the "rapid annual access gains" among the world's top 20 access-deficit countries. Comparativ­ely, Vietnam and Indonesia recorded more than three percent growth in access between 2010 and 2017, while Sudan, Afghanista­n, and Myanmar registered over two percent increase in access of their population­s to electricit­y.

"In a majority of the top 20 access-deficit countries, the electrific­ation rate between 2010 and 2017 did not keep pace with population growth during the same period," the World Bank said. The top 20 energy consumers account for three-quarters of global energy demand.

The World Bank said the total access rate in Pakistan's urban centres was 100 percent, but it was 54 percent in rural areas. More than 58 million people are living without access to electricit­y in the country compared with 99 million in India and 20 million in Bangladesh. Together the three countries have un-served population less than four million of 181 million in the rest of the world.

"Some of the countries with un-served population­s of over 50 million in 2017-like the Democratic Republic of Congo, Nigeria, and Pakistanha­ve electrifie­d less than 1 percentage point of their population annually since 2010," the World Bank said in the report prepared in collaborat­ion with the Internatio­nal Energy Agency, the Internatio­nal Renewable Energy Agency, the United Nations Statistics Division and the World Health Organizati­on.

Earlier, the representa­tives of World Bank and Kuwait Investment Authority (KIA) held separate meetings with Sindh Minister for Works and Services, and Irrigation Syed Nasir Hussain Shah in his office on Thursday and discussed future developmen­t projects in different sectors for financing and investment.

In the first meeting Sindh Minister for Local Government Saeed Ghani also joined and discussed infrastruc­ture developmen­t projects related to his department.

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