🎧 Boosting Energy Efficiency to Power a Green Future
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Boosting energy efficiency is critical for addressing climate change. The energy sector is estimated to account for more than two-thirds of total greenhouse gas emissions globally and improving energy efficiency could contribute up to 40% towards reducing greenhouse gas emissions by 2030. Are the World Bank and its partners fully realizing the immense potential of energy efficiency advancements Show More
Boosting energy efficiency is critical for addressing climate change. The energy sector is estimated to account for more than two-thirds of total greenhouse gas emissions globally and improving energy efficiency could contribute up to 40% towards reducing greenhouse gas emissions by 2030. Are the World Bank and its partners fully realizing the immense potential of energy efficiency advancements? What factors are slowing down the scaling up of impactful energy efficiency interventions?
In this episode, Marialisa Motta and Ramachandra Jammi join host Jeff Chelsky to unpack lessons from IEG’s evaluation on World Bank Group Support to Demand-Side Energy Efficiency. Marialisa is manager of IEG’s Finance Private Sector Infrastructure and Sustainable Development Evaluation Unit and Rama is Senior Evaluation Officer in IEG and is the lead of IEG’s energy efficiency evaluation.
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Related Resources
Blog: Untapped potential for decarbonization: Scaling up energy efficiency
Evaluation Insight Note: Transport Decarbonization
Evaluation: World Bank Group’s support for electricity supply from renewable energy resources, 2000–2017
Evaluation: World Bank Group Support to Electricity Access, FY2000-2014
Moving from numbers to facts: improving data quality in debt sustainability analyses
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The credibility of debt sustainability assessments depends on the availability and quality of data on a country’s stock of public and publicly guaranteed debt, including whether the data are timely, accurate and include all debt-producing liabilities. IEG finds that greater attention is needed to assess debt data quality in debt sustainability analyses. The credibility of debt sustainability assessments depends on the availability and quality of data on a country’s stock of public and publicly guaranteed debt, including whether the data are timely, accurate and include all debt-producing liabilities. IEG finds that greater attention is needed to assess debt data quality in debt sustainability analyses.
The Rigor of Case-Based Causal Analysis
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This paper demonstrates through a real-world example how case-based analysis can be used for conducting causal analysis in evaluations and busts myths associated with it.
This paper demonstrates through a real-world example how case-based analysis can be used for conducting causal analysis in evaluations and busts myths associated with it.
The World Bank’s Role in, and Use of the Low-Income Country Debt Sustainability Framework
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The evaluation draws lessons for the World Bank to strengthen its role in the preparation and use of the World Bank–International Monetary Fund Low-Income Country Debt Sustainability Framework. It also suggests issues that could be considered in upcoming reviews of the Framework.
The evaluation draws lessons for the World Bank to strengthen its role in the preparation and use of the World Bank–International Monetary Fund Low-Income Country Debt Sustainability Framework. It also suggests issues that could be considered in upcoming reviews of the Framework.
Untapped potential for decarbonization: Scaling up energy efficiency
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Using less energy to do the same work is the single action with the biggest potential gain on decreasing the amount of carbon dioxide we put into the atmosphere. A new report assesses World Bank Group support for energy efficiency and the potential for scale up to meet key climate goals. Using less energy to do the same work is the single action with the biggest potential gain on decreasing the amount of carbon dioxide we put into the atmosphere. A new report assesses World Bank Group support for energy efficiency and the potential for scale up to meet key climate goals.
Evaluating Budget Support
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With increasing amounts of development finance delivered as budget support, and the prominent role this form of fast disbursing, non-earmarked support played during the global pandemic, this two-part series explores the challenges of evaluating the impact of budget support and recent efforts to address them. With increasing amounts of development finance delivered as budget support, and the prominent role this form of fast disbursing, non-earmarked support played during the global pandemic, this two-part series explores the challenges of evaluating the impact of budget support and recent efforts to address them.
Exploring how and why the International Finance Corporation investment projects make a unique contribution in middle-income countries
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Our new report finds that the vast majority of International Finance Corporation (IFC) investment projects in Middle-Income Countries (MICs) made a unique contribution that commercial sources of finance did not offer, known as “additionality.” Many projects, however, realize only part of the additionality anticipated. In this blog, we summarise the report’s key findings and offer three Show MoreOur new report finds that the vast majority of International Finance Corporation (IFC) investment projects in Middle-Income Countries (MICs) made a unique contribution that commercial sources of finance did not offer, known as “additionality.” Many projects, however, realize only part of the additionality anticipated. In this blog, we summarise the report’s key findings and offer three recommendations to enhance the impact of future investments.
International Finance Corporation Additionality in Middle-Income Countries
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This report examines the relevance and effectiveness of IFC’s approach to additionality in Middle-Income Countries (MICs) and seeks to explain the factors that contribute to or constrain its realization.
This report examines the relevance and effectiveness of IFC’s approach to additionality in Middle-Income Countries (MICs) and seeks to explain the factors that contribute to or constrain its realization.
An Evaluation of World Bank Group Support to Jobs and Labor Market Reform through International Development Association Financing (Approach Paper)
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The International Development Association (IDA) has included jobs as a special theme since the 17th Replenishment of IDA (IDA17) in 2014, when it explicitly recognized the role played by labor markets in intermediating between growth and inclusion. This acknowledgment of jobs marked a shift in IDA’s inclusive growth strategy. Before the IDA17 strategy paper, IDA emphasized growth and the use of Show MoreThe International Development Association (IDA) has included jobs as a special theme since the 17th Replenishment of IDA (IDA17) in 2014, when it explicitly recognized the role played by labor markets in intermediating between growth and inclusion. This acknowledgment of jobs marked a shift in IDA’s inclusive growth strategy. Before the IDA17 strategy paper, IDA emphasized growth and the use of social safety nets to mitigate the effects of poverty. Beginning in 2014, however, jobs became more central to IDA’s strategy for inclusive growth and for achieving the twin goals. IDA17, the 18th Replenishment of IDA, and the 19th Replenishment of IDA established specific policy commitments and results indicators under the jobs-related special theme. At the same time, the World Bank Group expanded and deepened its attention to jobs, resulting in an increasingly multidimensional jobs agenda characterized by a growing body of lending, technical assistance and diagnostics, and a strong focus on IDA-eligible countries, including through use of the Country Private Sector Diagnostic and IDA’s private sector window.
The World Bank Group in Mozambique: Lessons from a success story gone awry
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An evaluation of the World Bank’s engagement in Mozambique between 2008 and 2021 finds that purely technical solutions to development challenges are unlikely to achieve desired results unless governance constraints are also confronted. An evaluation of the World Bank’s engagement in Mozambique between 2008 and 2021 finds that purely technical solutions to development challenges are unlikely to achieve desired results unless governance constraints are also confronted.