Power for Development: A Review of the World Bank Group's Experience with Private Participation in the Electricity Sector, Page 887World Bank Publications, 2003 M01 1 - 132 pages Power for Development evaluates the performance of the World Bank Group during the 1990s in promoting private sector development in the electric power sector. This joint review aims to inform the implementation of the World Bank Group's 2001 Energy Business Renewal Strategy and the 2003 Infrastructure Plan. It is based on an evaluation of the World Bank Group's assistance for private sector development of the electric power sector in 80 countries. The main messages of the report are: - The World Bank Group should continue to support private sector development in the electric power sector as a key objective. Well-implemented Bank Group activities in this area can improve sector efficiency in countries politically committed to the advancement of power sector reforms. - Outcomes of International Finance Corporation and Multilateral Investment Guarantee Agency transactions have been positive, but the Bank's project-level outcomes were disappointing, mostly because the Bank underestimated the complexity and time required for reforms to achieve lasting and equitable outcomes. At the sector level, outcomes have been poor or, at best, mixed, except in countries fully committed to reforms. - Private sector development of the electric power sector is a work in progress because the power sector reform process is complex, takes time, is resource-intensive, and requires phasing and careful sequencing to create the conditions for sector transformation. - Much work remains to integrate poverty reduction and environmental mainstreaming into the design of power sector reform and related strategies, which to date have focused mostly on sector efficiency and macro-fiscal objectives. |
From inside the book
Results 1-5 of 47
Page iv
... Lending , IFC Investments , and IBRD / IDA and MIGA Guarantees in the Electric Power Sector , FY90-01 Regional Distribution of Bank , IFC , and MIGA Operations The Bank's PSDE Project - Level Results ( based on achievement of stated ...
... Lending , IFC Investments , and IBRD / IDA and MIGA Guarantees in the Electric Power Sector , FY90-01 Regional Distribution of Bank , IFC , and MIGA Operations The Bank's PSDE Project - Level Results ( based on achievement of stated ...
Page v
... Lending for Generation Collapsed , Putting Transmission and Distribution in the Lead by FY01 ( approvals in US $ millions ) Figure 3.2 The Bank's PSDE Projects Have Focused on Low- and Lower- Middle - Income Countries Figure 3.3 ...
... Lending for Generation Collapsed , Putting Transmission and Distribution in the Lead by FY01 ( approvals in US $ millions ) Figure 3.2 The Bank's PSDE Projects Have Focused on Low- and Lower- Middle - Income Countries Figure 3.3 ...
Page xvi
... lending to public power utilities proved untenable , and in 1993 it an- nounced an Electric Power Lending Policy , supported by IFC and MIGA . The policy linked the WBG's support with country commitment to re- forms , specifically in ...
... lending to public power utilities proved untenable , and in 1993 it an- nounced an Electric Power Lending Policy , supported by IFC and MIGA . The policy linked the WBG's support with country commitment to re- forms , specifically in ...
Page xvii
... lending , and the pressure to encompass poverty alleviation and environmen- tal sustainability in its sector assis- tance ( as addressed in the 2000 “ Fuel for Thought " Strategy on Energy and the Environment ) . ESPAÑOL La concesión de ...
... lending , and the pressure to encompass poverty alleviation and environmen- tal sustainability in its sector assis- tance ( as addressed in the 2000 “ Fuel for Thought " Strategy on Energy and the Environment ) . ESPAÑOL La concesión de ...
Page xviii
... lending , and analytical and ad- visory work supported the move toward private sector participation . By the end of the 1990s , power market reforms had become central to the Bank's sector assis- tance and PSDE was a major com- ponent ...
... lending , and analytical and ad- visory work supported the move toward private sector participation . By the end of the 1990s , power market reforms had become central to the Bank's sector assis- tance and PSDE was a major com- ponent ...
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Common terms and phrases
achieved Active Annex approvals Argentina assess Banco Bank's Banque mondiale Bolivia capacity client commitment corporatization Côte d'Ivoire coun d'énergie developing countries development outcome DSPE EBRS ects El Salvador electric power projects electric power sector energía energy efficiency Energy Sector environment environmental ergy ESW/AAA été framework global IFC and MIGA IFC investment IFC projects IFC's impact implementation improve Indonesia Infrastructure investment operations investors IPPs la cartera loan macrofiscal Management ment MIGA million OMGI Operations Evaluation overall países Pakistan percent performance Philippines poor portfolio poverty reduction power projects power sector reform private participation private power private sector development proj promoting PSDE proyectos PSDE components PSDE objectives Region regulatory Renewable Energy restructuring resultados résultats risk role South Asia Strategy structure subsector tariffs tion transmission and distribution unbundling utilities World Bank Group
Popular passages
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