Developing Countries: Energy

International Development written question – answered at on 4 May 2011.

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Photo of Zac Goldsmith Zac Goldsmith Conservative, Richmond Park

To ask the Secretary of State for International Development if he will promote a reformed approach to the World Bank's work on climate change including a reduction in finance for fossil fuels; and whether he raised this issue at the World Bank Spring meetings.

Photo of Stephen O'Brien Stephen O'Brien The Parliamentary Under-Secretary of State for International Development

The World Bank’s Energy Strategy must meet the twin goals of sustainable energy production and addressing the chronic shortfall in energy that exists in many countries. We therefore strongly support a reformed approach to the World Bank's work on climate change including a shift away from fossil fuel lending and an increase in lending for clean energy.

In his statement to the World Bank Development Committee the Secretary of State for International Development emphasised the bank's role to support the global climate change agenda. He said that the bank should promote energy efficiency and generation from renewable energy sources.

A copy of the statement is available in the World Bank website at:

http://www.web.worldbank.org/WBSITE/EXTERNAL/DEVCOMMEXT/0,,menuPK:60001657~pagePK:64001141~piPK: 64001176~theSitePK:277473,00.html

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