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World bank
World Bank Defends Climate Record in Meeting with NGOs
World Bank President David Malpass defended the institution's commitment to tackling climate change on Tuesday, telling civil society groups that have criticize…
Carbon Emissions
World Bank to Launch New Trust Fund for Emissions Reduction Grants
The World Bank said on Monday it is launching a trust fund aimed at pooling public funds to provide grants for projects to reduce carbon emissions, including de…
Solar Mini Grids Could Power Half a Billion People by 2030, World Bank Says
Providing electricity to 490 million people will require constructing more than 217,000 mini grids at a cost of $127bn
Clean Energy Transition
World Bank Spells out How Pakistan Can Hit 13 GW of Clean Power
The World Bank has advised the Pakistani government to make an immediate start on solar and wind auctions based on big, dual technology clean power parks, plus …
Energy Transition
Partnership Boosts Green Building Practices in Brazil
The International Finance Corporation (IFC), a member of the World Bank Group, and the Brazilian Chamber for the Construction Industry (CBIC) are partnering to …
Offshore Wind Power
Philippine Energy Department, World Bank to Launch Offshore Wind Roadmap
The Philippines’ Department of Energy (DoE) and the World Bank Group (WBG) is set to launch the country’s first Offshore Wind Roadmap on 20 April 2022.
Electricity Transmission
World Bank Approves $55 Million to Boost Energy Access in Djibouti
The $55 million Second Djibouti-Power System Interconnection Project has been approved by the World Bank’s Board of Executive Directors.
Natural Gas
World Bank: There Will Be Alternatives to Russian Gas in Five Years
World Bank President David Malpass: There will be alternatives to Russian natural gas supply in the five-year horizon.
Electricity Trade
World Bank Cautions Nigeria Against Hiking Electricity Tariffs
The World Bank has cautioned Nigeria and other emerging economies against raising electricity tariffs.
Power Construction
World Bank $500m Loan to Modernize Bangladeshi Grid
Investment is required so electricity distribution networks can be upgraded to keep pace with an explosion in generation capacity over the last decade, and to h…
Power Construction
SOMALIA: $150 million to Provide Electricity Access to 7 million People
The World Bank approves a $150 million loan to Somalia.
Energy Investment
World Bank Approves Loan for Hydropower Plant in Indonesia
The hydropower plant will help Indonesia to meet electricity demand and support its decarbonisation goals.
Geothermal Power Plant
World Bank Funds Geothermal Exploration in Saint Lucia
The World Bank Board of Executive Directors has approved $21.9 million for the Renewable Energy Sector Development Project for the Caribbean island nation Saint…
Energy Transition
World Bank Approves Project to Advance Energy Transition in Uzbekistan
The Ministry of Energy has announced that a new US$380 million project to enhance the performance of the National Electric Grids of Uzbekistan has been approved…
Offshore Wind Power
Philippines Sets Out Offshore Wind Roadmap
Supported by the World Bank Group, the project aims to identify 'high potential' areas
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