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Organisation profiles The World Bank Group Energy ProgramThe World Bank Group’s energy work helps developing countries achieve the following objectives: - Improve access to clean, modern and affordable energy services for their poor.
- Achieve sustainability in the environmental, financial, and fiscal aspects of their energy sectors.
The World Bank supports these objectives through targeted interventions and assistance across the full spectrum of public and private provision of energy services.
The World Bank regional units are responsible for implementing individual energy projects through loans and credits to the governments of the client countries. They are supported by the Infrastructure Network. In addition, where country and project creditworthiness is sufficient, the International Finance Corporation (IFC) issues loans and equity, and the Multilateral Investment Guarantee Agency (MIGA) provides guarantees to catalyze private investment in the sector.
Priorities The World Bank Group's Energy Programme has adopted a comprehensive approach to the sector development, based on four priorities: - Helping the poor directly
- Improving macroeconomic and fiscal balances, including protecting budgets for social programs that help the poor
- Promoting good governance and private sector development
- Protecting the environment
To produce the greatest impact, the World Bank Group combines financing for energy supply reforms that meet these priorities with advice and knowledge transfer.
Further information Find more at: http://www.worldbank.org/energy
Contact: energyhelpdesk@... or szableckis@...
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User:Grant Ballard-Tremeer 27 September 2005
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