18 September 2006
A new NGO report finds that the World Bank's promise to seriously support alternative enery remains unfullfilled. Released in Singapore during the Bank's annual meeting, the report--How the World Bank's Energy Framework Sells the Climate and Poor People Short--calls on the Bank to step up efforts to meet basic energy needs of the poor, to stop subsidizing northern oil companies, and to redirect existing dirty energy financing to renewable technologies and energy efficiency projects.