The Challenge of Low-Carbon Development - World Bank Internet ...

The Challenge of Low-Carbon Development - World Bank Internet ... The Challenge of Low-Carbon Development - World Bank Internet ...

ieg.worldbankgroup.org
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12.07.2015 Views

Supply-side energy efficiencyTechnical lossesTechnology transferTenorTraditional financingEnergy efficiency improvements carried out by energy suppliers, such asreducing the amount of fuel needed to be consumed to generate a givenamount of power from a power plant.The difference between electric power that is generated and power that isconsumed. As power passes through transmission/distribution lines andtransformers, some energy is converted to heat and lost.Transfer of technical hardware or know-how, or financial and institutionalinnovations, between countries.The total length of time for a loan to be repaid, including grace periods.The principal financial instruments used by the World Bank Group (IDAcredits and grants, IBRD loans, IFC loans and equity financing, MIGAguarantees), as opposed to new financing sources with environmentalaims such as carbon finance and GEF grants.xxxiv |Climate Change and the World Bank Group

Chapter 1evALuAtiOn HiGHLiGHts• The World Bank Group’s Strategic Frameworkon Development and Climate Change promotesnational sustainable development andglobal action.• Prior to the Strategic Framework, the WorldBank Group had limited objectives specificallyrelated to climate change, but many of itsactivities have potential mitigation benefits.• The evaluation draws lessons from that experience,seeking ways for the World Bank Groupto maximize its impact on development andclimate change mitigation.• Within the areas of energy, forestry, andtransport, this evaluation looks at specificsubsectors that illustrate the challengesto overcoming barriers to the adoption oflow-carbon technologies and practices.Photo by Kenneth M. Chomitz. Used with permission.

Supply-side energy efficiencyTechnical lossesTechnology transferTenorTraditional financingEnergy efficiency improvements carried out by energy suppliers, such asreducing the amount <strong>of</strong> fuel needed to be consumed to generate a givenamount <strong>of</strong> power from a power plant.<strong>The</strong> difference between electric power that is generated and power that isconsumed. As power passes through transmission/distribution lines andtransformers, some energy is converted to heat and lost.Transfer <strong>of</strong> technical hardware or know-how, or financial and institutionalinnovations, between countries.<strong>The</strong> total length <strong>of</strong> time for a loan to be repaid, including grace periods.<strong>The</strong> principal financial instruments used by the <strong>World</strong> <strong>Bank</strong> Group (IDAcredits and grants, IBRD loans, IFC loans and equity financing, MIGAguarantees), as opposed to new financing sources with environmentalaims such as carbon finance and GEF grants.xxxiv |Climate Change and the <strong>World</strong> <strong>Bank</strong> Group

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