World Bank Offices to use 10 Percent Renewable Energy

As a result of its commitment to a Corporate Social Responsibility (CSR) agenda, 10 percent of the World Bank Group’s electricity usage in its Washington, D.C offices will now come from Renewable Energy sources.

Washington D.C. – February 14, 2003 [] The Bank will purchase “green power” from Pepco Energy Services (PES) through the Pennsylvania-New Jersey-Maryland (PJM) power grid which manages Renewable Energy generation facilities. PES has arranged to purchase six percent wind power from “Community Energy” and four percent landfill gas/biomass from multiple vendors in the region. The green power will be generated from a variety of resources such as solar, wind, geothermal, biomass and low-impact hydro facilities. Conventional electricity generation, based on the combustion of fossil fuels, represents the United States’ largest industrial source of air pollution. Customers of green power acquire the environmental benefits associated with these alternative energy sources. Those benefits – reductions of sulfur dioxide, nitrogen oxides, and carbon dioxide emissions – are quantified for customers, who take title to those reductions in the form of green certificates or “tags”, which are certified by Green E, an independent institute that monitors electricity generated by Renewable Energy projects. “This reflects our commitment to local and global environmental protection,” said Luis Descaire, Director, General Services Department (GSD). “Since 1995 the bank’s energy efficiency efforts have saved enough energy to power the country of East Timor for almost one year, and eliminated the emissions equivalent of 10,000 cars.” Recently, the World Bank won the “Energy Star” certification from the U.S. Environmental Protection Agency and was among the best-in-class of comparators in terms of utility usage efficiency. According to Elizabeth McAllister, Director of Special Projects in the Strategy and Resource Management Vice Presidency, who coordinates the Bank’s CSR initiatives, “the greening of the Bank’s power consumption is a way of promoting sustainable development at home. We are walking the talk , making consistent deeds and words.” CSR initiatives at the Bank range from the upgrading of procurement rules according to environmental and social responsible practices to the exclusive sale of “fair trade” coffee in all bank restaurants and coffee shops.
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