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Programs and Partnerships

The World Bank Group works in partnership with all stakeholders interested in improving energy services in developing countries - governments, multilateral financing institutions, aid organizations, private sector  suppliers, energy consumers and nongovernmental organizations.


Asia Alternative Energy Program (ASTAE). A World Bank regional program to bring alternative energy (renewable energy and energy efficiency) into the mainstream of the World Bank's power sector lending operations in Asia.


Carbon Finance at the World Bank.  The Carbon Finance business manages a family of trust funds that purchase greenhouse gas emission reductions on behalf of public and private participants to ensure that developing countries and economies in transition can benefit from international efforts to address climate change.


Carbon Finance Facility at IFC. IFC’s Carbon Finance Unit currently has $85+ million under management in arrangements under which IFC will purchase greenhouse gas emission reductions for the benefit of the Netherlands using the CDM and JI mechanisms (INCaF and NECaF). Other funds and new risk management products are under development in collaboration with the private sector.


Climate Change Group.  This World Bank team provides resources and expertise for the World Bank's participation in international climate change negotiations, and provides technical advice to the Global Environment Facility on the preparation of climate change mitigation projects in energy efficiency and renewable energy.


Environmental Management for Power Development (EMPOWER).     A collaborative program coordinated by the World Bank to support the integration of environmental concerns into project and power system planning in developing countries.


Energy Sector Management Assistance Programme (ESMAP) is a global technical assistance program managed by the World Bank which helps build consensus and provides policy advice on sustainable energy development to governments of developing countries and economies in transition. ESMAP also contributes to the transfer of technology and knowledge in energy sector management and the delivery of modern energy services to the poor.


Global Environment Facility (GEF).  The Facility helps developing countries fund projects and programs related to biodiversity, climate change, international waters, land degradation, the ozone layer, and persistent organic pollutants.


Global Gas Flaring Reduction Initiative (GGFR).  The purpose of this public-private partnership initiative is to help create incentives to develop and finance sound investments in gas flaring reduction.


Global Village Energy Partnership (GVEP).  The partnership brings together developing and industrialized country governments, public and private organizations, multilateral institutions, consumers and others in an effort to ensure access to modern energy services by the poor.


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