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Energy compacts garner $1.4 trillion to tackle global electricity and clean cooking crisis by 2030

New commitments aimed at expanding renewable energy and increasing access to electricity and clean cooking technologies have brought the total finance pledged through the United Nations for the global energy transition to US$ 1.4 trillion. This update was revealed in the third edition of the Energy Compacts Annual Progress Report, launched at the EnergyNow SDG7 Action Forum alongside the UN General Assembly. The report highlights that since the Energy Compacts initiative began in 2021, significant…