New Renewable Energy: A Review of the World Bank’s Assistance

Independent Evaluation Group (IEG)

2006

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The purpose of this review by the Independent Evaluation Group (IEG) of the World Bank is to inform the efforts to scale up the Bank’s support for renewable energy by evaluating the performance of the Bank’s current portfolio and the extent to which strategic objectives were achieved. At the 2004 Conference on Renewable Energy in Bonn, Germany, the Bank announced that it would increase its lending for renewable energy and energy efficiency by an average of 20 percent per year for the five-year period fiscal 2005–09. This review assesses the Bank’s readiness to deliver on that announcement. This assessment of “new renewables” is restricted to geothermal; solar; wind; biomass; and small, mini-, and microhydro energy sources. It updates and expands the renewable energy sections of IEG’s 2003 study on private sector development (PSD) for the electricity sector (IEG-World Bank, IEG-IFC, and IEG-MIGA 2003b). [Extracto: Executive Summary]

World Bank Working Paper

Banco Mundial; Energías renovables; Evaluación;