Thursday, May 23, 2013
Christopher Neal is Senior Communications Officer for the World Bank’s Sustainable Energy Department. The World Bank Group approved a total of $3.6 billion in financing for renewable energy projects in fiscal year 2012, a record 44% share of its annual energy lending of $8.2 billion. Over the six-year period since 2007, the World Bank Group has provided a total of $12.5 billion for renewable energy projects and programs in developing countries, accounting for just over one-quarter of all energy financing over the same period, which totaled $49.2 billion.
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