Financing the Last Mile of Electricity-for-All Programs: Experiences from China

Financing electricity for all programs has been a main barrier to achieve universal energy access. In this paper, we investigate the financing mechanisms of China’s electricity for all programs with a focus on the last mile problem, and we find that central investment, cost sharing, and public-private partnerships are essential for China’s success in such programs. We also discuss the challenges to disseminate those financial mechanisms to enable successful electricity for all programs.