Regional Energy and Mining Sector Strategy
The East Asia and Pacific (EAP) region’s growth presents an opportunity for aggressive policy action not only to address current challenges but also to lay a foundation for the long term. The Bank’s mission in the EAP energy sector is to support client countries in meeting their energy needs for economic growth and poverty alleviation in an environmentally and socially sustainable manner. To serve this mission, the Bank is engaging clients on the region’s most important energy challenges and capitalizing on the region’s growth to maximize long-term development impact. The Bank’s strategy is to address EAP’s diverse energy challenges through a wide spectrum of engagement at the regional level and with selectivity at the country level based on (i) high priorities for clients; (ii) leveraging of the Bank’s resources for maximum development impact; and (iii) leveraging of the Bank Group’s comparative advantages.
The East Asia and Pacific energy sector strategy will be issued soon.
World Bank Energy and Mining Sector Strategy
The Energy and Mining Sector Board’s mission is to support the World Bank Group’s objectives of reducing poverty and increasing sustainable economic growth in developing and transition economies. The Board believes that achieving these objectives requires sustainable and affordable energy services for all, including the poor, and that these services can best be provided by creating efficient markets in energy — markets that are open to investors and enterprises both large and small, private and public, centralized and decentralized. And the Board believes that expansion of access to energy services for the poor needs to be based on markets that function on sound commercial principles and on the preservation of the environment.
The World Bank Strategy and Policy on Energy (1.8mb pdf)
World Bank Energy Homepage
Infrastructure in East Asia and Pacific
World Bank Oil, Gas, Mining, and Chemicals Homepage
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