Climate Change and the World Bank Group: Phase I I - The Challenge of Low-Carbon Development

Author:   Kenneth Chomitz ,  World Bank: Independent Evaluation Group ,  World Bank Publications
Publisher:   World Bank Publications
ISBN:  

9780821386538


Pages:   132
Publication Date:   30 April 2011
Format:   Paperback
Availability:   In Print   Availability explained
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Climate Change and the World Bank Group: Phase I I - The Challenge of Low-Carbon Development


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Overview

This study from the Independent Evaluation Group draws lessons for development and climate change mitigation from the World Bank Group’s far-reaching portfolio of projects in energy, forestry, transport, coal power, and technology transfer. Reviewing what has worked, what hasn’t, and why, the evaluation’s key findings include: Energy efficiency can offer countries direct economic returns that dwarf those of most other development projects, while also reducing greenhouse gas emissions. Tropical forest protected areas, on average, significantly reduce tropical deforestation, preserving carbon and biodiversity. Deforestation rates are lower in areas that allowed sustainable use by local populations than in strictly protected areas. Deforestation rates were lowest of all in indigenous forest areas. For renewable energy projects, long-duration loans have been important in making projects financially viable.. But at prevailing carbon prices, carbon offset sales had little impact on most renewable energy projects’ rate of returns, and did not address investors’ need for up-front capital. Technology transfer – broadly understood to include diffusion of technical and financial innovations related to low-carbon development – has worked well when the logic of piloting and demonstration is well thought out, and when grants are used to mitigate the risk of pioneering efforts.

Full Product Details

Author:   Kenneth Chomitz ,  World Bank: Independent Evaluation Group ,  World Bank Publications
Publisher:   World Bank Publications
Imprint:   World Bank Publications
Dimensions:   Width: 15.20cm , Height: 1.00cm , Length: 28.00cm
Weight:   0.408kg
ISBN:  

9780821386538


ISBN 10:   0821386530
Pages:   132
Publication Date:   30 April 2011
Audience:   College/higher education ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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