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Copyright © 2010 The International Bank for Reconstruction and Development/The World Bank1818 H Street, N.W.Washington, D.C. 20433Telephone: 202-473-1000Internet: www.worldbank.orgE-mail: feedback@worldbank.orgAll rights reserved1 2 3 4 13 12 11 10This volume, except the “Management Response” and “Chairman’s Summary,” is a product of the staff of the Independent EvaluationGroup of the World Bank Group. The findings, interpretations, and conclusions expressed in this volume do not necessarilyreflect the views of the Executive Directors of The World Bank or the governments they represent. This volume does not supportany general inferences beyond the scope of the evaluation, including any inferences about the World Bank Group’s past, current, orprospective overall performance.The World Bank Group does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations,and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerningthe legal status of any territory or the endorsement or acceptance of such boundaries.Rights and PermissionsThe material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may bea violation of applicable law. The International Bank for Reconstruction and Development/The World Bank encourages disseminationof its work and will normally grant permission to reproduce portions of the work promptly.For permission to photocopy or reprint any part of this work, please send a request with complete information to the CopyrightClearance Center Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone: 978-750-8400; fax: 978-750-4470; Internet: www.copyright.com.All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, The WorldBank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2422; e-mail: pubrights@worldbank.org.Cover: Photo by Martin Wright/Ashden Awards for Sustainable Energy. Used with permission. http://www.ashdenawards.org.ISBN-13:978-0-8213-8653-8e-ISBN-13:978-0-8213-8654-5DOI:1596/978-0-8213-8653-8Library of Congress Cataloging-in-Publication Data have been applied for.World Bank InfoShopIndependent Evaluation GroupE-mail: pic@worldbank.orgCommunication, Strategy, and LearningTelephone: 202-458-5454E-mail: eline@worldbank.orgFacsimile: 202-522-1500 Telephone: 202-458-4497Printed on Recycled Paper Facsimile: 202-522-3125Printed on Recycled Paper
Table of ContentsAbbreviations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . viAcknowledgments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . viiForeword . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .viiiExecutive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ixManagement Response . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .xviChairman’s Summary: Committee on Development Effectiveness (CODE) . . .xxiiiStatement of the External High-Level Review Panel . . . . . . . . . . . . . . . . . . . . . . . .xxivGlossary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .xxxi1. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1Climate Context . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Global Mitigation Context and the WBG . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Evaluation Questions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Evaluation Framework . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6Evaluation Scope . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7Distri2. Renewable Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11Low-Carbon Energy Projects and Their Performance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12Overcoming Barriers to On-Grid Renewable Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18On-Grid Renewable Energy: Hydropower . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23Energy Access and Low-Carbon Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26Off-Grid Renewable Energy: Solar Photovoltaics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27DistriThe Way Forward for Renewable Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 303. Energy Efficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33Energy Efficiency in the First Phase Evaluation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34Using Financial Intermediaries to Overcome Barriers to Energy Efficiency Investments . . . . . . . . . . . . . . . . . . . 34Direct Investments in Energy Efficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38Transmission and Distribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40Efficient Light Bulbs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41The Way Forward for Energy Efficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 444. Beyond Energy: Low-Carbon Paths in Cities and Forests . . . . . . . . . . . . . . . . . 47Urban Transit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48Forests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52XYZ | iii
Page 1 and 2: Phase II: The Challenge of Low-Carb
Page 3: CLIMATE CHANGE AND THE WORLD BANK G
Page 7 and 8: Figures1.1 GHG Emissions by Sector
Page 9 and 10: AcknowledgmentsThe report was prepa
Page 11 and 12: Executive SummaryUnabated, climate
Page 13 and 14: esettlement plans has been ineffect
Page 15 and 16: of some technologies, such as landf
Page 17 and 18: Scale up high-impact investmentsEne
Page 19 and 20: should have been strengthened in th
Page 21 and 22: Major monitorable IEGrecommendation
Page 23 and 24: Major monitorable IEGrecommendation
Page 25 and 26: Chairman’s Summary: Committee onD
Page 27 and 28: most places. Before we get there, w
Page 29 and 30: non-Annex I countries. The World Ba
Page 31 and 32: attention. In a couple of decades,
Page 33 and 34: GlossaryAdditionalityBankabilityBas
Page 35 and 36: Joint ImplementationA mechanism und
Page 37 and 38: Chapter 1evALuAtiOn HiGHLiGHts• T
Page 39 and 40: of interventions, from technical as
Page 41 and 42: would allow industrialized countrie
Page 43 and 44: growth, poverty reduction (includin
Page 45 and 46: Table 1.1 Map of the EvaluationSect
Page 47 and 48: Chapter 2eValuaTION HIGHlIGHTS• W
Page 49 and 50: Table 2.2Evaluated World Bank Renew
Page 51 and 52: Figure 2.2Breakdown of 2003-08 Low-
Page 53 and 54: Table 2.4 Commitments to Grid-Conne
Page 55 and 56:
Box 2.1The Economics of Grid-Connec
Page 57 and 58:
on average (Iyadomi 2010). (Reducti
Page 59 and 60:
and industrial policy. An increasin
Page 61 and 62:
Table 2.6Hydropower Investments by
Page 63 and 64:
costs for remaining unelectrified a
Page 65 and 66:
World Bank experienceTwo factors ac
Page 67:
Box 2.5On-Grid and Off-Grid Renewab
Page 70 and 71:
Energy EfficiencyThe first phase in
Page 72 and 73:
Box 3.1ESCOs and Energy Performance
Page 74 and 75:
have had limited causal impact on t
Page 76 and 77:
measurement of achieved economic re
Page 78 and 79:
Since the early 1990s, public entit
Page 80 and 81:
part with a $198 million IDA credit
Page 83 and 84:
Chapter 4eVAluATioN HigHligHTS• B
Page 85 and 86:
The WBG urban transport portfolio (
Page 87 and 88:
y conventional transport systems, i
Page 89 and 90:
include the forest carbon projects
Page 91 and 92:
for Costa Rica for the period 2000-
Page 93 and 94:
After 20 years of effort, systemati
Page 95 and 96:
orrowers have demonstrated the abil
Page 97 and 98:
Chapter 5EVALuATioN HigHLigHTS• O
Page 99 and 100:
Consequently, the efficiency with w
Page 101 and 102:
technologies could accelerate diffu
Page 103 and 104:
A second issue, inherent to any adv
Page 105 and 106:
goal of promoting wind turbine impr
Page 107 and 108:
ConclusionsThe WBG’s efforts to p
Page 109 and 110:
Table 5.1Carbon Funds at the World
Page 111 and 112:
demonstration initiative. The Commu
Page 113 and 114:
Impacts on technology transferThe 2
Page 115 and 116:
Chapter 6Photo by Martin Wright/Ash
Page 117 and 118:
Figure 6.1800Economic and Carbon Re
Page 119 and 120:
Specifically, the WBG could:• Pla
Page 121 and 122:
Table 6.1Summary of Sectoral Findin
Page 123 and 124:
Table 6.1Sector Intervention Direct
Page 125 and 126:
Appendix ARenewable Energy Tables a
Page 127 and 128:
Table A.4Grid-Based Biomass/Biogass
Page 129 and 130:
Table A.5 (continued)Negative examp
Page 131 and 132:
Figure A.4A. Hydro/biomass capacity
Page 133 and 134:
Appendix bWorld Bank Experience wit
Page 135 and 136:
Table C.2Completed Low-Carbon Energ
Page 137 and 138:
TAble C.4Reviewed energy efficiency
Page 139 and 140:
the new capacity. Transmission syst
Page 141 and 142:
Table E.2Climate obligationsCoal Pl
Page 143 and 144:
Table F.2GHG objectiveModeNumber of
Page 145 and 146:
IEG eliminated a few cases of doubl
Page 147 and 148:
Table H.1Project andlocationBioener
Page 149 and 150:
Appendix ICarbon and Economic Retur
Page 151 and 152:
Appendix JRecent WBG Developments i
Page 153 and 154:
y providing value to standing fores
Page 155 and 156:
never had an explicit corporate str
Page 157 and 158:
overnight. The Bank can provide ass
Page 159 and 160:
Chapter 51. From the chief economis
Page 161 and 162:
Hartshorn, G., P. Ferraro, and B. S
Page 163 and 164:
______. 2007. World Development Ind
Page 165 and 166:
IEG PublicationsAnalyzing the Effec
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