700 million people still live without electricity. Here’s how to fix that | Jacqueline Novogratz

In this TED Talk Daily episode, host Elise Hu introduces Jacqueline Novogratz, who discusses a plan to address the planetary market failure of energy access. Novogratz highlights the fact that 700 million people still lack electricity, leading to instability and inequality. She emphasizes the importance of rethinking risk and addressing the climate crisis by focusing on providing electricity to vulnerable populations, especially in Africa, where the population is expected to grow significantly. Novogratz shares success stories of off-grid solar energy and introduces "The Hardest to Reach" initiative, a multi-layered capital stack designed to bring financing to challenging energy markets. She urges a shift in investment perspective towards solving problems and enabling new markets, emphasizing the moral imperative of bringing electricity and human dignity to everyone.