Laka Foundation

Publication Laka-library:
Power Failure. How the World Bank is Failing to Adequately Finance Renewable Energy for Development (2005)

AuthorFOE
DateOctober 2005
Classification 6.04.0.60/10 (INTERNATIONAL ORGANISATIONS - IMF / WB)
Front

From the publication:

Power Failure:
How the World Bank is Failing to Adequately Finance Renewable Energy
for Development

Executive Summary
The energy needs of developing countries are enormous and growing. Worldwide,
nearly one out of every four people still lack access to electricity, and more than
one out of every three people still rely on traditional biomass - wood, charcoal, or
manure - for cooking and heating. (1) At the same time, worldwide energy use is
expected to rise by over 34 percent between 2002 and 2025, and energy use in
developing countries is expected to double during that period. (2)

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