Renewable Energy : Evaluation of the World Bank Group’s Support for Electricity from Renewable Energy Resources, 2000-2017
The Clean Energy Transition—the pathway for decarbonizing global energy—is essential to foster inclusive and sustainable growth while addressing climate change. Based on EIA forecasts, IEG estimates that annual global financing for RE needs to double, from $300 billion to $600 billion (2017 US$) to...
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2020
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okr-10986-346402021-10-19T19:47:33Z Renewable Energy : Evaluation of the World Bank Group’s Support for Electricity from Renewable Energy Resources, 2000-2017 Independent Evaluation Group CLEAN ENERGY TRANSITION CLEAN ENERGY DISTRIBUTED GENERATION ELECTRICITY SUPPLY HYDROPOWER SOLAR POWER WIND POWER VARIABLE RENEWABLE ENERGY WORLD BANK GROUP OPERATIONS WORLD BANK GROUP PORTFOLIO The Clean Energy Transition—the pathway for decarbonizing global energy—is essential to foster inclusive and sustainable growth while addressing climate change. Based on EIA forecasts, IEG estimates that annual global financing for RE needs to double, from $300 billion to $600 billion (2017 US$) to meet the SDGs and allow the Clean Energy Transition. The WBG’s RE investment portfolio of $22 billion over the evaluation period, 2000–2017, included support across all major RE technologies. Based on 168 evaluated RE projects (101 WB, 60 IFC, 7 MIGA) during FY00–FY17, the WBG overall had a 66% success rate—varying across institutions (71% WB, 51% IFC, 86% MIGA). 2020-10-20T16:50:53Z 2020-10-20T16:50:53Z 2020-10-15 Evaluation http://documents.worldbank.org/curated/en/197701602792711871/Renewable-Energy-Evaluation-of-the-World-Bank-Group-s-Support-for-Electricity-from-Renewable-Energy-Resources-2000-2017 http://hdl.handle.net/10986/34640 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: IEG Evaluation |
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Digital Repository |
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World Bank Open Knowledge Repository |
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World Bank |
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English |
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CLEAN ENERGY TRANSITION CLEAN ENERGY DISTRIBUTED GENERATION ELECTRICITY SUPPLY HYDROPOWER SOLAR POWER WIND POWER VARIABLE RENEWABLE ENERGY WORLD BANK GROUP OPERATIONS WORLD BANK GROUP PORTFOLIO |
spellingShingle |
CLEAN ENERGY TRANSITION CLEAN ENERGY DISTRIBUTED GENERATION ELECTRICITY SUPPLY HYDROPOWER SOLAR POWER WIND POWER VARIABLE RENEWABLE ENERGY WORLD BANK GROUP OPERATIONS WORLD BANK GROUP PORTFOLIO Independent Evaluation Group Renewable Energy : Evaluation of the World Bank Group’s Support for Electricity from Renewable Energy Resources, 2000-2017 |
description |
The Clean Energy Transition—the pathway for decarbonizing global energy—is essential to foster inclusive and sustainable growth while addressing climate change. Based on EIA forecasts, IEG estimates that annual global financing for RE needs to double, from $300 billion to $600 billion (2017 US$) to meet the SDGs and allow the Clean Energy Transition. The WBG’s RE investment portfolio of $22 billion over the evaluation period, 2000–2017, included support across all major RE technologies. Based on 168 evaluated RE projects (101 WB, 60 IFC, 7 MIGA) during FY00–FY17, the WBG overall had a 66% success rate—varying across institutions (71% WB, 51% IFC, 86% MIGA). |
format |
Evaluation |
author |
Independent Evaluation Group |
author_facet |
Independent Evaluation Group |
author_sort |
Independent Evaluation Group |
title |
Renewable Energy : Evaluation of the World Bank Group’s Support for Electricity from Renewable Energy Resources, 2000-2017 |
title_short |
Renewable Energy : Evaluation of the World Bank Group’s Support for Electricity from Renewable Energy Resources, 2000-2017 |
title_full |
Renewable Energy : Evaluation of the World Bank Group’s Support for Electricity from Renewable Energy Resources, 2000-2017 |
title_fullStr |
Renewable Energy : Evaluation of the World Bank Group’s Support for Electricity from Renewable Energy Resources, 2000-2017 |
title_full_unstemmed |
Renewable Energy : Evaluation of the World Bank Group’s Support for Electricity from Renewable Energy Resources, 2000-2017 |
title_sort |
renewable energy : evaluation of the world bank group’s support for electricity from renewable energy resources, 2000-2017 |
publisher |
World Bank, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/197701602792711871/Renewable-Energy-Evaluation-of-the-World-Bank-Group-s-Support-for-Electricity-from-Renewable-Energy-Resources-2000-2017 http://hdl.handle.net/10986/34640 |
_version_ |
1764481332837089280 |