Review of the World Bank’s publicly available documents for energy sector lending from 2000 to 2006 reveals that there is very little systematic incorporation of climate change issues.
This review is an updated annex to Mainstreaming Climate Change Considerations at the Multilateral Development Banks.
Project appraisals and other documents indicate the extent to which climate change considerations are actually included in the Bank’s loans. A review of publicly available documents for 2000 to 2006 assessed whether project documents accounted for GHG emissions, identified alternative approaches that might reduce emissions, considered incremental cost and financing issues for addressing climate change impacts of projects, or included specific indicators tied to climate change considerations. This review reveals that there is very little systematic incorporation of climate change issues in World Bank lending in the energy sector.