The close to $20 million initiative, the Global Market Transformation for Efficient Lighting Platform that will be implemented in collaboration with the private sector companies OSRAM and Philips, is aimed at reducing the bills of electricity consumers in developing economies while delivering cuts in emissions of greenhouse gases. It is also aimed at replacing fuel-based lighting systems, such as kerosene, that is linked with health-hazardous indoor air pollution. Globally, 70% of total (…)