Fuel for Thought: An Environmental Strategy for the Energy Sector"Energy is vital to economic development. Without the fuels that power cars, trains, and planes, and without electricity, light, and heating, life in industrialized countries would be considerably less comfortable. In developing countries, it is not just a question of comfort. Poverty will not be reduced without greater use of modern forms of energy." Energy is basic to development. On the individual level, modern energy services can transform peoples' lives for the better. On the national level for developing countries, it is impossible to progress beyond a subsistence economy without ensuring at least minimum access to energy services for a broad section of the population. How to meet the increasing energy demands without damaging the environment further, however, is a matter of urgency. This volume sets out an environmental strategy for the World Bank Group in the energy sector for developing countries. The book is organized in four sections: Section 1. Sets out the challenge arising from worldwide growth in energy demand and its potential environmental impacts. Section 2. Reviews the World Bank Group's existing policies, strategy, and record. Section 3. Outlines the new strategy, which contains both existing and fresh elements. Section 4. Explains in more detail how the new elements of the strategy will be implemented. |
From inside the book
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Page 19
As they seek to improve their standards of living, the challenge developing
countries must confront is that of doing things differently from what has gone
before. The economic growth of the industrialized countries and the higher-
income ...
As they seek to improve their standards of living, the challenge developing
countries must confront is that of doing things differently from what has gone
before. The economic growth of the industrialized countries and the higher-
income ...
Page 20
There will be cases where the benefits of increased growth and living standards
will have to be weighed against increased pollution. This problem is further
compounded by the social burden of increased pollution ("externality cost") not
being ...
There will be cases where the benefits of increased growth and living standards
will have to be weighed against increased pollution. This problem is further
compounded by the social burden of increased pollution ("externality cost") not
being ...
Page 28
... defined, the result could be harm to the environment. These issues need to be
reflected in environmental standards and regulations, which must in turn be
monitored and enforced in order to create a level playing field in the energy
market.
... defined, the result could be harm to the environment. These issues need to be
reflected in environmental standards and regulations, which must in turn be
monitored and enforced in order to create a level playing field in the energy
market.
Page 58
The World Bank Group will only finance energy investments that respect
environmental and social standards, that are economically and technically
efficient, and for which there is a commitment to identify and meet externality
costs in a ...
The World Bank Group will only finance energy investments that respect
environmental and social standards, that are economically and technically
efficient, and for which there is a commitment to identify and meet externality
costs in a ...
Page 59
Overall, minimum air quality standards are increasingly common worldwide, and
the cost of local compliance has not damaged the competitiveness of OECD
countries or the many other countries that have adopted them. "Polluter pays" ...
Overall, minimum air quality standards are increasingly common worldwide, and
the cost of local compliance has not damaged the competitiveness of OECD
countries or the many other countries that have adopted them. "Polluter pays" ...
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Contents
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Common terms and phrases
achieve Actions activities addition air pollution air quality analysis Annex areas Asia assess assistance Bank's benefits carbon caused China cities clean cleaner client climate change coal commitment continue costs damage developing countries economic effects electricity emissions energy efficiency energy sector Energy-Environment environment environmental establishment estimates example externalities financing framework fuels funds global governments Group identify impact implementation improve increase Indicators indoor industrialized Initiative institutional integrate investments issues lead least lending Long major measures ment million monitoring Objectives operations percent planning policies potential power sector practice preparation pricing priorities private sector problems production programs progress projects promote reduce reform regional renewable energy result rural sector reform share social sources standards strategy supply sustainable technologies term FY tion trade transport urban World Bank World Bank Group
Popular passages
Page 61 - Convention, stabilization of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system.
Page xiii - UNDP United Nations Development Programme UNEP United Nations Environment Programme UNFCCC United Nations Framework Convention on Climate Change...
Page 61 - B and in accordance with the provisions of this article, with a view to reducing their overall emissions of such gases by at least 5 per cent below 1990 levels in the commitment period 2008 to 2012.
Page 30 - the balance of evidence suggests a discernible human influence on global climate...
Page 61 - Affirming that responses to climate change should be coordinated with social and economic development in an integrated manner with a view to avoiding adverse impacts on the latter, taking into full account the legitimate priority needs of developing countries for the achievement of sustained economic growth and the eradication of poverty...
Page 98 - Europe and Central Asia Latin America and the Caribbean Middle East and North Africa...
Page xii - IIASA International Institute of Applied Systems Analysis IPCC Intergovernmental Panel on Climate Change IPP independent power producer JI Joint Implementation...
Page xii - GDP gross domestic product GEF Global Environment Facility GHG greenhouse gas GNP gross national product...
Page xii - OECD Organization for Economic Cooperation and Development OED Operations Evaluation Department (World Bank...
Page 30 - The three most important greenhouse gases are carbon dioxide (CO 2 ), methane (CH 4 ), and nitrous oxide (N 2 O).