World Bank Report Argues for Clean Energy

The World Bank published a report on Apr. 23 that hints to more money for clean, renewable energies in developing nations. The report is careful to not discuss what countries with no power should do, but looks at what countries that have a growing need for more power should do. And that’s no small task “According to the International Energy Agency, a total of US$8.1 trillion, or US$300 billion per year from 2003 to 2030 is needed if developing and transitional economies are to meet their energy needs.”

It’s quite a shift to see the World Bank support clean energy production given their history of energy funding.

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