UN green investment fund to boost rural electrification

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solar power

Developing countries that are making an effort to reduce their carbon emissions will be able to access funds to install renewable electricity technologies.

That's according to the UN agency that deals with climate change, or UNFCC.

Charles Appel has more.

Rural households in developing countries will soon be able to swap their kerosene lamps and diesel generators for solar energy and wind power.

A financial incentive will be provided by the UNFCCC's Clean Development mechanism.

CDM is designed to help boost green investment in developing countries.

It will allow rural communities in poor countries to "leap-frog" dirty technologies and go straight to low or no-emitting technologies.

Almost a quarter of the people in the world lack access to electricity.

Charles Appel, United Nations.

Duration:  36″

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