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close this bookEnergy after Rio - Prospects and Challenges - Executive Summary (UNDP, 1997, 38 p.)
close this folder2. Energy and Major Global Issues
close this folder2.3 Energy and the Economy
View the document(introduction...)
View the document2.3.1 Investment Requirements of Energy
View the document2.3.2 Foreign Exchange Impacts of Energy Imports


energy sector emissions contribute the majority of global greenhouse gases

Expenditure on increasing energy supply represents a major economic cost to all countries. In the developing world, the financial and opportunity cost of capital, foreign exchange constraints, and the cost of energy subsidies combine to create severe economic constraints to supply-driven models for expanding energy.