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Toward a sustainable energy future for all : directions for the World Bank Group’'s energy sector : Toward a sustainable energy future for all : directions for the World Bank Group's energy sector (English)

As global energy markets evolve rapidly, producing and maintaining a reliable power supply for many countries in the developing world remains a significant issue. The World Bank Group will approach this energy crisis in partnership with the United Nations Sustainable Energy for All initiative. Client countries focus on universal access, accelerating improvements in energy efficiency, and doubling the global share of renewable energy by 2030. Achieving these goals will help to end extreme poverty, because economic growth and shared prosperity is not possible without access to energy. Even with the proper infrastructure for energy production, prices often remain higher than the global average, resulting in households using self-supplied alternatives such as unclean, diesel generators. To remedy this situation, energy must be distributed and consumed efficiently through programs supported by a sound pricing and tariff policy, by subsidies targeting the poor, and by mechanisms for carbon pricing. The World Bank Group is committed to providing long-term solutions tailored to specific circumstances of each client country in the areas of renewable energy, natural gas, transmission and distribution, regional trade and market integration, financial performance, sector planning, access, and post-conflict reconstruction.

Details

  • Document Date

    2013/07/09

  • Document Type

    Board Report

  • Report Number

    79597

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2013/07/16

  • Disclosure Status

    Disclosed

  • Doc Name

    Toward a sustainable energy future for all : directions for the World Bank Group's energy sector

  • Keywords

    Energy;Energy Sector;improvements in energy efficiency;upstream oil and gas;end-use energy efficiency improvement;carbon capture and storage;targeted social safety net;cost of energy supply;Commonwealth of Independent States;oil and gas exploration;reduction in energy consumption;investment need;Environmental and Social Safeguard;transmission and distribution network;Adaptation to Climate Change;high cost of energy;financing need;patterns of energy production;sustainable energy;demand for energy;modern energy service;private sector financing;greenhouse gas emission;sustainable energy future;energy supply option;energy sector development;basic energy need;sustainable energy sector;cost of supply;international financial institution;global energy demand;nuclear power generation;rates of return;access to health;law and regulation;loss of biodiversity;climate change mitigation;cost to consumer;assurance to investor;global environmental sustainability;availability of finance;Access to Electricity;lack of finance;source of energy;scarce public fund;misallocation of resources;millennium development goal;wind power potential;political risk insurance;cross-border energy trade;Energy Sector Reform;providing universal access;global energy mix;renewable energy financing;price of good;global energy investment;energy sector intervention;Water and Agriculture;consumption of energy;multilateral development bank;sustainable development path;national development objective;energy sector planning;Integrated Resource Management;Oil & Gas;fossil fuel price;energy efficiency intervention;west texas intermediate;downstream petroleum sector;natural gas transmission;high water stress;domestic financial market;security of supply;areas of expertise;global financial crisis;high oil price;low-cost renewable energy;financially viable option;universal primary education;promoting gender equality;reducing child mortality;market in europe;remote rural area;clean energy technology;increasing energy efficiency;solar photovoltaic system;local community involvement;energy efficiency investment;energy market development;incentives for investment;exchange of information;modern energy source;power sector reform;thermal generation plants;cost of electricity;extraction of oil;environmentally sound energy;natural gas utility;damage to crops;Social Safety Nets;alternative energy source;availability of energy;inclusive economic growth;market solution;incremental cost;

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Citation

Toward a sustainable energy future for all : directions for the World Bank Group’'s energy sector : Toward a sustainable energy future for all : directions for the World Bank Group's energy sector (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/745601468160524040/Toward-a-sustainable-energy-future-for-all-directions-for-the-World-Bank-Groups-energy-sector