by Reproduced (abridged) from "Urban Edge" published by the World Bank
Journal section: Theme Articles
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Last year, developing countries spent about $50 billion on energy, $17 billion drawn from the international community - the bulk of which was for multi-million dollar electrification projects.
But while countries in the Third World scramble for ever greater sums to increase their energy output and service the debt from previous investments in this sector (an estimated $100 billion is sought this year), half the world's population relies on woodfuels (firewood and charcoal) to cook and boil water and in some areas, for heating: across the Third World, daily woodfuel consumption is equal to 21 million barrels of oil, or the total pumped by OPEC countries each day...
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