Passez à l'illimité avec Magzter GOLD

Passez à l'illimité avec Magzter GOLD

Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement

$149.99
 
$74.99/Année

Essayer OR - Gratuit

Millions still without power as world pursues clean energy

Financial Express Chandigarh

|

November 23, 2025

Electricity is a recent arrival at Belém where the world met to discuss climate change

- MAX BEARAK

ON ONE SIDE of the bay, cruise ships towered above the trees, serving as temporary hotels for thousands of people who attended the UN climate talks nearby.

Ship lights twinkled as diplomats wrestled with how to provide an electricity-gobbling world with cleaner sources of power. But just across the bay is an utterly different world, one where electricity arrived only this year for some. Many more are still waiting for it. This is a reality for hundreds of millions of people worldwide who still lack access to power, one of modernity’s most essential innovations.

“They’re marvelous, aren’t they?” said Joelma Moraes Anjo, a lifelong resident of Paqueta Island, who was admiring the gleaming ships from her home, where reliable electricity was installed about nine months ago. “It’s almost like we’re part of COP,” she said, using the abbreviation for the UN talks being held just a few miles away in Belém, a sprawling city on the edge of the Amazon rainforest. The vast majority of people without electricity live in Africa, but the numbers in the Western Hemisphere are not small either. Some 17 million go entirely without and 60 million more rely on diesel, one of the dirtiest and most expensive forms of fuel, to run small generators. In Brazil’s Amazon, one million people have no access and two million more use diesel.

Across South America and the Caribbean, nearly all of those people are Indigenous, Afro-descendant or, like on Paqueta and Jutuba islands, part of ethnically mixed communities that live along the banks of the Amazon and its myriad tributaries. In terms of greenhouse gas emissions that accelerate climate change, their contribution is infinitesimal.

PLUS D'HISTOIRES DE Financial Express Chandigarh

Financial Express Chandigarh

'New labour codes unlikely to disrupt IT sector hiring'

Indian enterprises are navigating a decisive moment in regulation, says Sindhu Gangadharan, MD of SAP Labs India and chairperson of Nasscom. In a conversation with Ayanti Bera, she explains how the new labour codes won't disrupt hiring in the IT sector and how domestic firms have been proactive on data privacy, sovereignty, and are ahead of the curve in adopting AI. Excerpts:

time to read

2 mins

November 25, 2025

Financial Express Chandigarh

India Inc's unhedged dollar loans plunge

THE SHARP FALL in the rupee is expected to hit companies which have high unhedged exposure to foreign currency debt.

time to read

1 min

November 25, 2025

Financial Express Chandigarh

Pvt capex projects spike in Sept qtr, says RBI bulletin

INVESTMENT OPTIMISM UP

time to read

1 mins

November 25, 2025

Financial Express Chandigarh

India Inc’s unhedged dollar loans plunge

SOUMYAJIT NIYOGI, DIRECTOR at Ind-Ra, said, “Entities already hurt by US tariffs now face a double blow—higher borrowing costs are squeezing them further, hitting both their profitability and balance sheets.

time to read

1 min

November 25, 2025

Financial Express Chandigarh

Colgate steps up premium play as demand rebounds

ORAL CARE MAJOR Colgate-Palmolive India is sharpening its focus on premiumisation as urban markets show early signs of recovery, industry executives in the know said.

time to read

1 mins

November 25, 2025

Financial Express Chandigarh

Data show room exists for rate cut: RBI guv

RESERVE BANK OF INDIA (RBI) Governor Sanjay Malhotra said on Monday that the current economic indicators suggest there is a scope for repo rate cut, but a decision on it will be made by the Monetary Policy Committee (MPC).

time to read

1 min

November 25, 2025

Financial Express Chandigarh

US and Ukraine work on ‘refined’ peace plan to end war with Russia

TALKS UNDERWAY

time to read

1 mins

November 25, 2025

Financial Express Chandigarh

Distribution biz augmenting brokerage operations’

Young investors should adopt a long-term investment mindset to build sustainable wealth, CJ George, chairman and managing director at listed-brokerage Geojit Financial Services, tells

time to read

2 mins

November 25, 2025

Financial Express Chandigarh

Airtel surpasses peers on quality subscribers

SEPTEMBERARPU BETTERTHAN INDUSTRY AVERAGE

time to read

2 mins

November 25, 2025

Financial Express Chandigarh

ED freezes ₹523-cr deposits of WinZO and Gameskraft

THE ENFORCEMENT DIRECTORATE on Monday said it has frozen collective deposits worth about ₹523 crore of online gaming companies WinZO and Gameskraft as the platforms allegedly “held” funds worth crores of rupees that should ideally have been refunded to players after India banned real-money gaming recently.

time to read

1 min

November 25, 2025

Listen

Translate

Share

-
+

Change font size