Why does the World Bank get involved in the lighting market? Isn the private sector better equipped to do this and if not, what barriers are hindering market entry?
Spending on fuel-based lighting is estimated to be worth US$ 38 Billion per year. While in theory this could offer a large incentive for private companies to get involved, in practice the off-grid lighting market has remained largely untapped, largely the result of a number of barriers, as identified by the industry.
Related Questions
- Why does the World Bank get involved in the lighting market? Isn the private sector better equipped to do this and if not, what barriers are hindering market entry?
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