Abstract: . . .  Progress on Renewable Energy and Energy Efficiency: 1990-2004,” March 2005. 47 For this analysis, World Bank Group financing for broad economic adjustment or reform in the energy sector was treated as part of the Bank’s general energy lending, unless there appeared to be a clear and direct effect on renewable energy use or the efficiency of the actual physical production or use of energy. 48 The World Bank Group Energy and Sector Mining Board, “World Bank Group Progress on Renewable Energy and Energy Efficiency: 1990-2004,” March 2005. 49 The calculation of $500 million is based on annual increases of 20 percent in lending, even if calculated on an average basis over five years. Power Failure: How the World Bank is Failing to Adequately Finance Renewable Energy for Development 17  . . .
. . .  Renewable Energy and Energy Efficiency: 1990-2004,” March 2005. 47 For this analysis, World Bank Group financing for broad economic adjustment or reform in the energy sector was treated as part of the Bank’s general energy lending, unless there appeared to be a clear and direct effect on renewable energy use or the efficiency of the actual physical production or use of energy. 48 The World Bank Group Energy and Sector Mining Board, “World Bank Group Progress on Renewable Energy and Energy Efficiency: 1990-2004,” March 2005. 49 The calculation of $500 million is based on annual increases of 20 percent in lending, even if calculated on an average basis over five years. Power Failure: How the World Bank is Failing to Adequately Finance Renewable Energy for Development 17  . . .
--3000,2,750,1728,79293