New Renewable Energy: a review of the World Bank's assistance

The purpose of this review by the Independent Evaluation Group (IEG) of the World Bank is to inform the efforts to scale up the Bank's support for renewable energy by evaluating the performance of the Bank's current portfolio and the extent to which strategic objectives were achieved. At the 2004 Conference on Renewable Energy in Bonn, Germany, the Bank announced that it would increase its lending for renewable energy and energy efficiency by an average of 20 percent per year for the five-year period fiscal 2005-09. This review assesses the Bank's readiness to deliver on that announcement. This assessment of new renewables is restricted to geothermal; solar; wind; biomass; and small, mini-, and microhydro energy sources.

Area of Evaluation: 

Mitigation

Thematic Cluster: 

Organizational sector evaluation

Theme of Evaluation: 

Renewable Energy

GEF Funding: 

No

Level of Evaluation: 

Global

Region: 

Global

Type of Evaluation: 

Sector Evaluation

Institution: 

World Bank

Evaluation Author: 

Independent Evaluation Group

Year of Evaluation: 

2006