Climate Change and the World Bank Group - Phase I : An Evaluation of World Bank Win-Win Energy Policy Reforms

The first of a series on climate change, this evaluation assesses International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA) experience with key win-win policies in the energy sector. It focuses on energy price reform and policies for energy efficiency, both of which offer potentially large gains at the country level together with significant reductions in greenhouse gas emissions. The next phase will look at the project experience of the Bank (including the carbon funds) and the International Finance Corporation (IFC) in promoting technologies for renewable energy and energy efficiency. Transport and forestry issues will also be evaluated. The record levels of energy prices in 2008, although they have been relaxed, provide an impetus for clients to seek more sustainable and price-resilient growth paths. The Bank can proactively help interested clients to assess the domestic benefits of price reform and efficiency policies, explore design options, and finance their implementation. This will require a reorientation of the Bank's internal incentives, and adoption of a systems approach to energy and climate. These efforts will complement the crucial steps developed countries must take to reduce their own greenhouse gas emissions and to provide financial and technical help for mitigation by developing countries, consistent with United Nations Framework Convention on Climate Change (UNFCCC) commitments and the Bali action plan.

Bibliographic Details

Main Author:	World Bank
Format:	Brief biblioteca
Language:	English
Published:	Washington, DC 2008-08
Subjects:	ADAPTATION TO CLIMATE CHANGE, AIR, AIR QUALITY, APPROACH, ATMOSPHERE, CARBON DIOXIDE, CARBON DIOXIDE EMISSIONS, CARBON EMISSIONS, CARBON FINANCE, CLIMATE, CLIMATE CHANGE, CLIMATE CHANGE ISSUES, CLIMATE CHANGE MITIGATION, COMPACT FLUORESCENT LIGHT BULBS, DAMAGES, DIESEL, DIFFUSION, DISTRICT HEATING, EFFICIENCY IMPROVEMENTS, EFFICIENCY INVESTMENTS, ELECTRICITY, ELECTRICITY SALES, EMISSIONS INTENSITY, END-USE, END-USER EFFICIENCY, ENERGY CONSERVATION, ENERGY EFFICIENCY, ENERGY INTENSITY, ENERGY NEEDS, ENERGY PLANNING, ENERGY POLICY, ENERGY PRICE, ENERGY PRICES, ENERGY PRICING, ENERGY SAVINGS, ENERGY SUBSIDIES, ENERGY USERS, ENVIRONMENTAL ASSESSMENT, ENVIRONMENTAL DAMAGE, FINANCIAL SUPPORT, FORESTRY, FORESTS, FUEL, FUEL PRICE, FUEL PRICES, GAS FLARING, GAS FLARING REDUCTION, GHG, GHGS, GLOBAL EMISSIONS, GLOBAL ENVIRONMENT, GLOBAL ENVIRONMENT FACILITY, GREENHOUSE, GREENHOUSE GAS, GREENHOUSE GAS EMISSIONS, HEAT, HYDRO POWER, HYDRO POWER PLANTS, HYDROPOWER, IMPACT ANALYSIS, INTERNATIONAL ENERGY AGENCY, INVESTMENTS IN ENERGY, INVESTMENTS IN ENERGY EFFICIENCY, KILOWATT-HOUR, LAND USE, LOW-CARBON, MARKET FAILURES, OIL, OIL PRODUCTION, PER CAPITA INCOME, PERFORMANCE DATA, POLICY ADVICE, PORTFOLIO, POWER, POWER GENERATION, POWER SECTOR, POWER SHORTAGES, PRICE VOLATILITY, PUBLIC SPENDING, RENEWABLE ENERGY, TONS OF CARBON, UTILITIES, VALUE OF ENERGY, WIN-WIN POLICIES, WIND, WORST-CASE,
Online Access:	http://documents.worldbank.org/curated/en/2008/08/12850058/climate-change-world-bank-group-phase-one-evaluation-world-bank-win-win-energy-policy-reforms http://hdl.handle.net/10986/10594
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