World Bank Tag

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05 Mar

Posted at 07:44h in Biomass Energy
Last month The World Bank has released a report titled “China 2030: Building a Modern, Harmonious, and Creative High Income Society.” Within are policy recommendations for the sustained economic growth of one of the world’s most dynamic nations. According to the World Bank—an international financial institution focused on developing countries—green development is key to China’s continued success with a greater role for the utilization of renewable energy.

07 Nov

Posted at 09:31h in Biomass Energy
In contrast to the rest of the world, Sub-Saharan Africa is expected to increase the number of its residents dependant on wood-based biomass energy over the next 20 years according to a report released this month by the World Bank, titled: “Wood-Based Biomass Energy Development for Sub-Saharan Africa.” This is due to the region’s rising population, urbanization, and to the inadequacy of power grids to meet these demographic changes. The World Bank estimates that 81 percent of households in the Sub-Saharan Africa rely on solid fuels and that most of this is consumed for cooking. The key to Africa’s continued utilization of biomass resources, however, is sustainability. Here the World Bank has identified several areas for development.