World Bank

IEEFA Research

Coal Won’t Solve the Energy Poverty Problem

Coal Won’t Solve the Energy Poverty Problem

Times Have Changed; Old Electricity-Generation Models Don’t Work Anymore

Coal-fired electricity is no longer the economy builder its proponents say it is. Time was when coal in fact did contribute to growth in many economies, but times have changed. Today governments and private interests worldwide concede—even emphasize—the economic and environmental dysfunction of coal. We’ve just published an IEEFA Briefing Note (“Energy Poverty, Then and […]

March 3, 2016 Read More →
The World Bank’s Bad Energy-Policy Call in Kosovo

The World Bank’s Bad Energy-Policy Call in Kosovo

The Wrong Move at the Wrong Time for a Small Country in Eastern Europe

We’ve just published a study concluding that the proposed coal-fired New Kosovo Power Plant—if it’s built—would increase electricity prices by as much as 50 percent in Kosovo and damage the economy of the small country. The study, “The Proposed New Kosovo Power Plant: An Unnecessary Burden at an Unreasonable Price,” ( also see Albanian version) urges the […]

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Floating solar passes capacity milestone

PV Tech: Global floating solar installations had reached 1.1GW as of September this year, a huge rise from just 10MW at the end of 2014, according to the first report on floating PV from the World Bank and Solar Energy Research Institute of Singapore (SERIS). The report ‘Where Sun Meets Water’ stated that floating solar […]

November 2, 2018 Read More →

World Bank says no to planned Kosovo coal plant

London South East: The World Bank said on Wednesday it would not support a planned 500-megawatt (MW) coal-fired power plant in Kosovo, the first major energy project in the Balkan country in more than two decades. Kosovo’s government had asked the Washington-based lender to provide it partial risk guarantees that would help unlock cheaper loans […]

October 11, 2018 Read More →

World Bank to finance storage development in Asia, Africa

ECN News: Solar energy could be a huge source of power in Africa, but its potential has been stymied by storage batteries that are too expensive and inadequate for use in poor countries. The World Bank aims to break through that bottleneck, announcing plans Wednesday to invest $1 billion—and leverage it by another $4 billion—to […]

September 28, 2018 Read More →

World Bank Bets on Renewables Boom in India

Global Trade Review: The World Bank is to provide US$100mn in funding for renewable energy projects in India’s booming market. The development bank will provide US$98mn in debt to the Indian Renewable Energy Development Agency (IREDA), which will on-lend the money to states in India for solar projects. A further US$2mn will be available in […]

November 28, 2017 Read More →

‘World Bank Secretly Funded “Coal Boom” in Asia’

From Agence France Presse: The World Bank is indirectly financing a boom in some of Asia’s dirtiest coal-fired power generation despite commitments to end most funding for the sector, a development advocacy group charged yesterday. The power plants, which contribute to climate change and deforestation as well as premature deaths due to illness, are cropping […]

October 4, 2016 Read More →

World Bank Makes a Bet on India Solar Expansion

From Reuters: The World Bank said on Thursday it would lend India more than $1 billion for its huge solar energy programme, after Prime Minister Narendra Modi sought climate change funds from its visiting head. Modi is banking on India’s 300 days a year of sunshine to generate power and help fight climate change rather […]

June 30, 2016 Read More →

Obstacles to Building Renewable Power in Kosovo Are Political, Not Technical

The Government of Kosovo, World Bank and Obama Administration Are Using Misleading Information to Attack Renewable Energy Potential; New Projects are Behind Schedule

Proponents of building a new coal-fired power plant in Kosovo have argued that the plant is needed because Kosovo has very limited ability to support a significant build out of wind and solar power resources. But a closer look at the situation shows that the obstacles to renewable energy development in Kosovo are more political […]

World Bank Approves $625m Loan for 400 MW of Rooftop Solar in India

By Plamena Tisheva for SeeNews: The World Bank Board on Friday approved a USD625m loan to support the installation of at least 400 MW of grid-connected rooftop solar PV systems in India. The board also approved a co-financing loan of USD 120m and a USD5 grant from Climate Investment Fund’s (CIF) Clean Technology Fund. Funds […]

May 17, 2016 Read More →

A Test Now for the Western Balkans: Adhere to the Past or Embrace a New Energy Economy?

Entrenched Interests Are Ignoring a Crucial Stepping-Stone Toward EU Membership 

Emerging still from the civil wars that followed the collapse of Yugoslavia a generation ago, the six countries of the Western Balkans today face an unprecedented energy-policy moment. The essential question facing Albania, Bosnia, Kosovo, Macedonia and Montenegro, and Serbia: Whether to adhere to a costly coal-fired electricity-generation past or embrace the new global energy […]

May 11, 2016 Read More →
Renewables Would Be a Far Cheaper Way to Power Kosovo Than What the World Bank Wants to Do

Renewables Would Be a Far Cheaper Way to Power Kosovo Than What the World Bank Wants to Do

Research Shows Little Justification for a New Coal-Fired Project

A preponderance of evidence supports our view that renewable energy would be cheaper and cleaner than the proposed coal-fired New Kosovo Power Plant. Research we’ve looked at (including by Lazard, Agora Energiewinde, and the International Renewable Energy Agency) covers energy markets in well over 20 nations and makes clear that the cost of electricity generated […]