Climate Change and the World Bank Group : Phase II - The Challenge of Low-Carbon Development

The first volume of Independent Evaluation Group (IEG) series (IEG 2009) examined World Bank experience with the promotion of the most important win-win (no regrets) energy policies, policies that combine domestic gains with global greenhouse gas (GHG) reductions. These included energy pricing reform and policies to promote energy efficiency. This second phase covers the entire World Bank Group (WBG), including the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). It assesses of interventions, from technical assistance to financing to regulatory reform. This project-eye view of activities pertains to all the action areas of the Strategic Framework on Development and Climate Change (SFDCC). The third phase will look at the challenge of adaptation to climate change. The WBG's resources, human and financial, are small compared to the task at hand. The International Energy Agency estimates that developing and transition countries need $16 trillion of energy sector investments over 2008-30 under 'business as usual' operations, plus an additional $5 trillion to shift to an ambitiously low-carbon path. Much more is needed for sustainable land and forest management and for urban transport. So a prime focus of this evaluation is how the WBG can get the most leverage, the widest positive impact on both development and climate change mitigation, from its limited resources.

Bibliographic Details

Main Author:	Independent Evaluation Group
Language:	English
Published:	Washington, DC: World Bank 2010
Subjects:	ABATEMENT, ABATEMENT POTENTIAL, ACCESS TO ENERGY, AGRICULTURAL INTENSIFICATION, AIR, AIR POLLUTION, AIR POLLUTION REDUCTION, ALLOWANCES, ALTERNATIVE ENERGY, ALTERNATIVE ENERGY PROGRAM, APPLIANCE STANDARDS, APPROACH, ATMOSPHERE, ATMOSPHERIC CARBON, ATMOSPHERIC CARBON DIOXIDE, ATMOSPHERIC GREENHOUSE GAS, BALANCE, BARRIERS TO ENERGY EFFICIENCY, BIOMASS, BIOMASS ENERGY, BOILER, BOILERS, CAPACITY FACTORS, CAPACITY UTILIZATION, CAPITAL COSTS, CARBON CAPTURE, CARBON CREDITS, CARBON DIOXIDE, CARBON EMISSIONS, CARBON ENERGY, CARBON FINANCE, CARBON FINANCING, CARBON FLOWS, CARBON MARKET, CARBON MARKETS, CARBON OFFSET, CARBON OFFSETS, CARBON PRICES, CERTIFIED EMISSION REDUCTION, CLEAN DEVELOPMENT MECHANISM, CLEAN ENERGY, CLEAN TECHNOLOGIES, CLEAN TECHNOLOGY, CLEANER TECHNOLOGIES, CLIMATE, CLIMATE CHANGE, CLIMATE CHANGE MITIGATION, CLIMATE DAMAGES, CLIMATE RESILIENCE, CO, CO2, COAL, COAL PLANT, COAL PLANTS, COLORS, COMPACT FLUORESCENT LAMPS, COST BENEFIT ANALYSIS, COST-BENEFIT, COST-BENEFIT ANALYSIS, DAMAGES, DEMAND-SIDE MANAGEMENT, DEVELOPED COUNTRIES, DIFFUSION, DISTRIBUTION LOSSES, DISTRICT HEATING, DIVERGENCE, ECONOMIC BENEFITS, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMICS, ECOSYSTEM, EFFICIENCY IMPROVEMENTS, EFFICIENT LIGHTING, ELECTRICITY, ELECTRICITY SYSTEM, EMISSION, EMISSION REDUCTION, EMISSIONS, EMISSIONS FROM DEFORESTATION, EMISSIONS REDUCTIONS, ENERGY CONSERVATION, ENERGY COSTS, ENERGY EFFICIENCY, ENERGY EFFICIENCY IMPROVEMENTS, ENERGY EFFICIENCY INVESTMENTS, ENERGY MANAGEMENT, ENERGY PRICE, ENERGY SAVINGS, ENERGY SECURITY, ENERGY SERVICE, ENERGY SOURCES, ENERGY STRATEGY, ENERGY SUBSIDIES, ENERGY SYSTEMS, ENVIRONMENTAL, ENVIRONMENTAL BENEFITS, ENVIRONMENTAL IMPACTS, ENVIRONMENTAL IMPROVEMENT, ENVIRONMENTAL PROBLEMS, EXPLOITATION, EXTERNALITIES, FEASIBILITY, FINANCIAL FLOWS, FINANCIAL INSTRUMENTS, FINANCIAL OPTIONS, FINANCIAL RESOURCES, FINANCIAL SUPPORT, FOREST, FOREST AREAS, FOREST CARBON, FOREST CARBON STOCKS, FOREST CONSERVATION, FOREST COVER, FOREST DEGRADATION, FOREST FIRE, FOREST FIRES, FOREST FRONTIER, FOREST INVESTMENT, FOREST LOSS, FOREST PROJECTS, FOREST PROTECTION, FOREST USE, FORESTRY, FORESTRY PROJECTS, FORESTRY SECTOR, FORESTS, FOSSIL, FOSSIL FUEL, FOSSIL FUEL USE, FRAMEWORK CONVENTION ON CLIMATE CHANGE, GAS PROJECTS, GENERATING CAPACITY, GENERATION, GENERATION CAPACITY, GHG, GHGS, GLOBAL ENVIRONMENT FACILITY, GLOBAL ENVIRONMENTAL FACILITY, GREENHOUSE, GREENHOUSE GAS, GREENHOUSE GAS EMISSIONS, GREENHOUSE GAS LEVELS, GREENHOUSE GAS MITIGATION, GREENHOUSE GASES, GRID RENEWABLE ENERGY, HEAT, HYDROPOWER, INCENTIVE SYSTEMS, INCOME, INCOME CLASS, INDIGENOUS FOREST, INNOVATIVE FINANCING, INSURANCE, INTERGENERATIONAL EQUITY, INTERNATIONAL ENERGY AGENCY, INVESTMENT DECISIONS, INVESTMENT IN ENERGY EFFICIENCY, INVESTMENTS IN ENERGY, INVESTMENTS IN ENERGY EFFICIENCY, LAND USE, LANDFILL, LANDFILL GAS, LONG-TERM FINANCING, LOW-CARBON, MARGINAL COSTS, MARKET FAILURES, PHOTOVOLTAIC SYSTEMS, PHOTOVOLTAICS, PILOT PROJECTS, POLICY DECISIONS, PORTFOLIO, POWER AVAILABILITY, POWER GRID, POWER PLANTS, POWER PRODUCER, POWER PRODUCTION, POWER PURCHASE AGREEMENTS, POWER SECTOR, POWER SUPPLY, POWER SYSTEM, PRODUCTIVE RESOURCES, PROPERTY RIGHTS, PUBLIC GOOD, REDUCING EMISSIONS, REGULATORY POLICIES, RENEWABLE ENERGY, RENEWABLE ENERGY DEVELOPMENT, RENEWABLE ENERGY PROJECTS, RENEWABLE ENERGY TECHNOLOGIES, RESOURCE USE, SOLAR HOME SYSTEM, SOLAR HOME SYSTEMS, SOLAR POWER, STREAMS, SUBSTITUTION, SUSTAINABLE DEVELOPMENT, SUSTAINABLE ENERGY, SUSTAINABLE FOREST, SUSTAINABLE FOREST MANAGEMENT, SUSTAINABLE MANAGEMENT, SUSTAINABLE USE, TEMPERATURE, TRANSACTION COSTS, TRANSPORT SECTOR, TROPICAL DEFORESTATION, TROPICAL FOREST, TROPICAL FORESTS, TROPICS, UNCERTAINTIES, UTILITIES, WILLINGNESS TO PAY, WIND, WIND CAPACITY, WIND POWER, WIND PROJECTS,
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110208014639 https://hdl.handle.net/10986/2548
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