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Vision
Efficient, affordable and clean energy supply is key to poverty reduction and economic growth. The World Bank supports developing countries' efforts to provide cleaner, stable electricity services to households and businesses through its financing instruments, policy advice, partnerships, and knowledge transfer.
Renewable Energy & Energy Efficiency Financing by World Bank Group Hits All Time High
The sun shines on solar PV panels in Mali, providing electricity for the first time to some rural families.
A 24% Increase
September 2009 - The World Bank Groupannounced that its financing of renewable energy and energy efficiency projects and programs in developing countries rose 24% in the last fiscal year to reach $3.3 billion, the highest ever. Total renewable energy and energy efficiency commitments for the year ended June 30, 2009 accounted for more than 40% of total Bank Group energy lending. Read more...
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