Development Banks and Sustainable Energy
Governments around the world are struggling to mitigate dangerous climate change while securing the energy they need to sustain economic development. The need to direct future investment to meet the world’s energy needs away from polluting fossil fuels, and into more sustainable, low-carbon options has never been more urgent. Achieving this goal will require the right policies, regulations, and institutional capacities to be in place. It will also require leadership from governments, and from development institutions.
The Multilateral Development Banks (MDBs), including the World Bank, Asian Development Bank, and Inter-American Development Bank can do much more to ensure that the issues of sustainability and governance are integrated into their policy advice and lending.
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Recent WRI Reports
A Seat at the Table: Including the Poor in Decisions for Development and Environment losely examines access rights to environmental decision making in four countries: Cameroon , Paraguay , Philippines , and Sri Lanka .
A Roadmap for Integrating Human Rights into the World Bank Group argues that human rights are an integral part of effective and sustainable development, and should be explicitly considered in all World Bank Group (WBG) investment decisions. We examine the WBG’s integration of human rights standards into its operations – highlighting accomplishments, shortcomings, and barriers – and suggest ways forward.
Investing in Sustainable Energy Futures: Multilateral Development Banks’ Investments in Energy Policy reviews loans provided by Multilateral Development Banks (MDBs) to developing countries for electricity policy from 2006-2008. It examines those policies, regulations, and institutional capacities in the electricity sector that will direct both public and private investment in sustainable energy options.
Surveying Risk, Building Opportunity: Financial Impacts of Energy, Water and Climate Risks on Real Estate in Asia presents a framework to assess risks associated with energy security, water scarcity, and climate change for the real estate sector in Southeast Asia . It also discusses financial opportunities in the region’s growing green building market.
Over Heating: Financial Risks from Water Constraints on Power Generation in Asia presents a framework for investors and analysts to assess the risk of impacts from water-related issues, including growing water scarcity and declining water quality, on thermal and hydroelectric power generation plants.
Weeding Risk: Financial Impacts of Climate Change and Water Scarcity on Asia’s Food and Beverage Sector identifies the potential financial impacts arising from climate change and water scarcity on the food and beverage sector in South and Southeast Asia .
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Upcoming Event
5th Asia Clean Energy Forum 2010
22-25 June 2010
Asian Development Bank (ADB) Headquarters
Manila , Philippines
ADB, USAID and WRI are pleased to announce the 5th Asia Clean Energy Forum 2010. WRI was asked to be the first NGO co-sponsor of the Asia Clean Energy Forum.
For the past four years, the Forum has progressively served as the premiere knowledge sharing platform on best practices in policy, technology, and finance for clean energy in the Asia region. Last year’s Forum gathered more than 800 participants from 51 countries, comprised of a diverse group of experts and stakeholders from governments, national & multinational banks, carbon & clean energy investment funds, project developers & service providers, environmental regulators, academia, civil society, and development partners & other international organizations.
This year’s Forum promises to be the most dynamic yet as it continues to respond to real-world clean energy issues. To meet the challenges of the new era of clean energy it will explore:
•how the technology transfer and diffusion process can be accelerated;
•what strategies and program approaches work best;
•case studies of successful examples from around Asia, as well as the US , Europe, Latin America, and Africa ; and
•how energy efficiency and renewable business and projects can be effectively linked with sources of finance and investment.
Parallel breakout sessions will provide opportunities to discuss technology transfer, diffusion, and finance in a range of areas, including energy efficiency, renewable energy, access to energy for the poor, and global climate change.
Find out more & register online > > >
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WRI Annual Report 2009
Today’s environmental challenges are complex and global in nature. They call for visionary and ambitious action grounded in sound science and objective analysis — the kind of action that has distinguished WRI’s record of effectiveness for over 25 years.
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