SDG Target #7.a
Description
SDG #7 is to “Ensure access to affordable, reliable, sustainable and modern energy for all.”
Within SDG #7 are 5 targets, of which we here focus on Target 7.a:
By 2030, enhance international cooperation to facilitate access to clean energy research and technology, including renewable energy, energy efficiency and advanced and cleaner fossil-fuel technology, and promote investment in energy infrastructure and clean energy technology
Target 7.a has one indicator:
Indicator 7.a.1: International financial flows to developing countries in support of clean energy research and development and renewable energy production, including in hybrid systems
The International Renewable Energy Agency tracks financing of aid for renewable energy.
In 2021, OECD country donors gave $10 billion as foreign aid intended for clean energy. Not only is this amount down from the 2017 peak of $27 billion, it’s also a decrease from the 2015 amount of $12 billion. It’s thus not on track to “enhance international cooperation” in the form of aid for renewable energy, as this target asks of us.
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