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close this bookSustainable Energy News - No. 20 - Newsletter for International Network for Sustainable Energy -Theme: International Development Financing - New INFORSE Action Plan (INFORSE, 1998, 32 pages)
close this folderFinancing theme
View the document(introduction...)
View the documentDevelopment banks & energy
View the documentWorld bank support for sustainable energy in Sri Lanka
View the documentESCO concept finds its way in eastern Europe
View the documentWB solar Initiatives
View the documentIDB's first loan for energy efficiency
View the documentPrivate funds' initiatives
View the documentUNDP-GEF-New trend supports micro hydro
View the documentUnsustainable WB

WB solar Initiatives

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.