The publication presents the results of an evaluation that aimed to seek lessons and recommendations in relation to the low‐carbon development of the World Bank Group’s portfolio in energy, forestry and transport. The evaluation sought to establish how the WBG’s investments in low‐carbon growth opportunities can have the greatest impact, both for development and for greenhouse gas mitigation.
The three key findings emerging from the evaluation are that:
(1) The WBG can achieve great impact by providing advice and support for favourable policies such as removal of energy subsidies and other biases against renewables and energy efficiency,
(2) Act more like a venture capitalist, by supporting the transfer and adaptation to local conditions of existing technologies, policies and financial practices, and
(3) By focusing on high‐impact sectors and instruments, such as energy‐efficiency and forestry interventions.
The efficiency and productivity of Colombia's urban system will be a key determinant in the ability of the country to transition from a middle income to a higher-income economy. Colombia, as with most Latin American countries, has experienced positive growth rates in the past few years, mitigating the potential adverse impacts of the global financial crisis. High commodity prices as well as improvements in macroeconomic and financial management, diversification of trading partners (particularly through stronger links with China), and the safe integration into international financial markets are the main drivers for recent success in Colombia and the Latin American region (World Bank 2011).
The document presents a series of climate change-related projects that the International Finance Cooperation (IFC) has supported from all around the world. It also contains a series of tools for green investors, including:
This report summarizes the results of a recent review of the emerging experience with the design and implementation of policy instruments to promote the development of renewable energy (RE) in a sample of six representative developing countries and transition economies ('developing countries') (World Bank 2010). The review focused mainly on price- and quantity-setting policies, but it also covered fiscal and financial incentives, as well as relevant market facilitation measures. The lessons learned were taken from the rapidly growing literature and reports that analyze and discuss RE policy instruments in the context of different types of power market structures. The analysis considered all types of grid-connected RE options except large hydropower: wind (on-shore and off-shore), solar (photovoltaic and concentrated solar power), small hydropower (SHP) (with capacities below 30 megawatts), biomass, bioelectricity (cogeneration), landfill gas, and geothermal. The six countries selected for the review included Brazil, India, Indonesia, Nicaragua, Sri Lanka, and Turkey.