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World Bank Clean Technology Fund (CTF)

The World Bank Clean Technology Fund (CTF) seeks to promote scaled-up financing for demonstration, deployment and transfer of low carbon programs and projects with a significant potential for long-term Green House Gas (GHGs) emissions savings. The CFT promotes the realization of environmental and social co-benefits thus demonstrating the potential of low-carbon technologies to contribute to sustainable development and the achievement of the Millennium Development Goals (MDBs).

The Clean Technology Fund includes programs in:

Power Sector: Renewable energy and highly efficient technologies to reduce carbon intensity;

Transport Sector: Efficiency and modal shifts; and in

Energy Efficiency: Buildings, industry and agriculture.

To learn more about the CTF click on any of the following links:

Review, Overview, & Crtique provides a detailed outline, process, and links to how Clean Technology Fund operates.

Friends of the Earth have a couple of reports which outline their opposition to the World Bank’s CTF:

Articles and References

World Bank Clean Technology Fund Would Be Cash Cow for Coal (April 9, 2008)

World Bank funds solar projects (December 10, 2009)

Thailand Seeks Clean Technology Fund’s Support for Its Low-Carbon Growth Strategy

U.S. Contributions to a World Bank Administered Clean Technology Fund (June 5, 2008)

Is the Clean Technology Fund benefiting the poor or simply satisfying the energy needs of the rich? (30 June 2009)

World Bank: Clean technology fund investment plan for Mexico (May 5, 2009)

Morocco to receive $150 million for energy transformation (November 5, 2009)

Over $5.5 billion in New Investment for Clean Energy Technology in the Middle East and North Africa Region (December 9, 2009)

Asia Development Bank Clean Technology Fund

Multilateral lenders endorse P250M for Clean Technology Fund to Philippines DOE (December 6, 2009)

Kseniya Lvovsky Talks about the World Bank’s Efforts to Combat Climate Change (December 1, 2009)

This article was posted on Thursday, December 10th, 2009 at 1:16 am You can leave a response, or trackback from your own site.
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