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ESMAP CY2007-FY2008 annual report (English)

The hallmark of the energy sector management assistance program (ESMAP) is the promotion and support of innovation and forward thinking in the energy sector. In these times, finding new solutions to energy challenges has become even more important. In 2008, oil prices rose to over US$150 a barrel before declining again in anticipation of a global recession. Global climate change has taken center stage on the international agenda, and serious actions are needed to address it. Hundreds of millions of people still do not have access to modern energy services, depriving many of tools they need to work their way out of poverty. ESMAP clearly has been very dynamic in 2007 and early 2008, and it is in the process of developing a new business plan for 2008 through 2013 that will lead the program into the future. This plan will feature some key realignments based on the dramatic recent changes in energy-sector realities faced by both developed and developing countries, with a focus on energy as it relates to poverty and climate change. In support of these goals, ESMAP will continue its role in such fields as energy efficiency, governance, renewable, regional trade, and others.

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Citation

Araya,Marjorie K. Barnes,Douglas French Boulanger,Susan

ESMAP CY2007-FY2008 annual report (English). Energy Sector Management Assistance Programme Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/620281468339908182/ESMAP-CY2007-FY2008-annual-report