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Article

1 Oct 2005

Author:
Friends of the Earth

[PDF] Power Failure: How the World Bank is Failing to Adequately Finance Renewable Energy for Development

Last year, the [World] Bank committed to increasing its renewable energy financing by 20 percent each year for the next five years... Thus far, based on an examination of publicly available documents for World Bank Group energy lending, the Bank has failed to adequately fund and create policies to push the development of clean energy and has failed to meet even its own commitments... [refers to Beijing Bergey Windpower, part of Bergey Windpower]