Personal tools
  • mobilize, resist, transform
You are here: Home english campaigns Public Finance banks worldbank 2006
 

voices icon

 

worldbank 2006

 

world bank spring meetings 2006

Discussion on energy and corruption in the Development Committee

Excerpts from and summaries of relevant statements on energy and corruption . (Most ministers spoke on behalf of country groups, and not just their own countries.)

Energy and Development:

Colombia (chair of the Development Committee): "Some Ministers find the report to be biased toward the development of alternative, renewable sources of energy not yet commercially viable while neglecting the bigger picture of aiming for cleaner, more efficient traditional energy sources."

Germany : Strong statement on energy, human rights, and corruption issues. The World Bank paper is biased in favor of conventional energy supply, and neglects renewable energy. The paper is too pessimistic about the marketability of renewable energy. The Bank should not play any role in nuclear power.

Netherlands : The Bank report does not sufficiently address energy for the poor, particularly in Sub-Saharan Africa.

Russia : The report "seems somewhat biased towards the development of alternative and renewable energy sources". Climate is important, but most clients attach a higher priority to cheap energy. World Bank should not promote energy technologies that are not commercially viable.

Saudi Arabia : The main sources of energy will 'inescapably" remain high-carbon. Danger that the World Bank focuses too much on energy sources that are "not commercially viable", perhaps in response to outside pressure.

Brazil : Strong propagation of ethanol as a cheap source of renewable energy. End-use efficient technologies are "equally critical" as clean energy sources. Hydropower also a renewable source of energy, but private sector will not play a major role in financing hydro projects.

Peru : Proposes to eliminate the policy restrictions - and particularly the "stringent social and environmental safeguards promoted by the IFIs" - for investments in large hydro and gas projects.

Korea : World Bank needs to seriously engage in large-scale projects even if they are unpopular in rich countries. "Growth prospects for the poor cannot rest on apparently easy but illusory options using small scale renewables".

UN Under-Secretary General for Economic and Social Affairs : Renewable energy sources have important double dividends in reducing poverty and greenhouse gas emissions. World Bank report focuses on private sector financing and gives less attention to energy for the poor.

Corruption:

Colombia (chair of the Development Committee): Ministers look forward to "a more systematic approach to address these challenges [of corruption] in order to avoid inconsistencies in decision-making. ... In view of the Bank's core mandate of fighting poverty, some Ministers caution against holding back development efforts until the fight against corruption has been won."

UK : "Corruption derives poor people of education, health care, proper infrastructure and water, and makes people across the globe cynical about development aid." Calls on the Bank to develop a framework on improving governance and tackling corruption.

China : Improving governance requires growth, so emphasis on good governance should not mean neglecting [economic] development. "There is no such thing as an idealized 'good' governance system. ... The fundamental criterion in judging the effectiveness of governance lies in whether it will be able to enhance economic development, political and social stability and well-being of the people." IFIs should "stick to the principle of non-politicization" and fully respect the sovereignty of recipient countries".

India : "The issues of governance and corruption are vital, but they cannot replace the core of the development agenda which is the support needed by the vast multitudes of poor and downtrodden for poverty eradication, education, health and sanitation. These people with legitimate aspirations cannot be asked to wait until the fight against corruption has been won."

Press releases on the World Bank

 

Document Actions