
| Sustainable Energy News - No. 20 - Newsletter for International Network for Sustainable Energy -Theme: International Development Financing - New INFORSE Action Plan (INFORSE, 1998, 32 pages) |
| Financing theme |
In 1992, the World Bank (WB) launched an Asia Alternative Energy Unit (AS-TAE). Then, in 1994 the WB launched a general Solar Initiative. This has helped a number of such projects, e.g.,
· two programs received a total of $ 150 mill. in Indonesia for solar home systems & mini hydro;· Sri Lankan Energy Services Delivery (see page no. 6-7);
· nine demand-side management/energy-efficiency programs;
· 13 renewable-energy and seven energy efficiency programs under preparation for 1998-99;
This shows that it is possible to use large international loans for small-scale local energy solutions. Still, there is a long way to go before WB energy-sector lending gives an equal share to people living outside the reach of electric grids.