Una Respuesta de la Sociedad Civil al Marco de Inversión del Banco Mundial para Energía Limpia y Desarrollo

The document argues that the World Bank's energy investment framework is a continuation of 'more of the same', failing to transition from fossil fuels to renewables. It highlights a contradiction where the Bank acts as a major carbon trader while continuing to fund projects that emit massive amounts of greenhouse gases. The report criticizes the Bank's promotion of 'clean coal', nuclear energy, and large dams, asserting these technologies cause significant environmental and social harm. It calls for a redirection of public finance from the North to the South toward decentralized renewable energy and energy efficiency to meet the needs of the world's poor.

• The World Bank continues to invest heavily in greenhouse gas-emitting energy projects, with annual investments between US $2 billion and $3 billion, while renewable energy funding accounted for less than 5% of its total energy financing in fiscal year 2005.
• Between 1992 and 2004, the World Bank Group approved US $11 billion for 128 fossil fuel extraction projects across 45 countries, resulting in over 43 billion tons of carbon dioxide emissions, with nearly half of these projects designed for export to Northern markets.
• The World Bank's role as a carbon trader creates a conflict of interest, as it profits from the Clean Development Mechanism (CDM) while simultaneously funding fossil fuel projects that emit far more carbon than its carbon funds claim to avoid.
• The World Bank's investment framework promotes 'clean coal' and Carbon Capture and Storage (CCS), which the report claims are unproven, expensive, and perpetuate dependence on carbon-emitting fuels.
• Large hydroelectric projects (over 10 MW) are criticized for causing irreversible environmental damage, displacing 40 to 80 million people, and emitting significant greenhouse gases, particularly in tropical regions.
• Nuclear energy is deemed inappropriate for developing countries due to high costs, safety risks, and a lack of trained professionals, while its carbon footprint is higher than that of wind or solar energy.
• The report argues that decentralized renewable energy is the most effective way to address energy poverty, noting that 1.6 billion people lack electricity and 2.4 billion lack clean cooking fuels.
• The World Bank's institutional structure is criticized as being dominated by wealthy Northern nations, with seven countries holding 43% of the voting power, which limits the influence of the poorest borrowing nations.

APA

Friends of the Earth International (2006). Una Respuesta de la Sociedad Civil al Marco de Inversión del Banco Mundial para Energía Limpia y Desarrollo. https://www.foei.org/wp-content/uploads/2020/12/wbenergyreport-esp.pdf

Chicago

Friends of the Earth International. Una Respuesta de la Sociedad Civil al Marco de Inversión del Banco Mundial para Energía Limpia y Desarrollo. 2006. https://www.foei.org/wp-content/uploads/2020/12/wbenergyreport-esp.pdf.

Wikipedia

{{cite report |author=Friends of the Earth International |title=Una Respuesta de la Sociedad Civil al Marco de Inversión del Banco Mundial para Energía Limpia y Desarrollo |date=September 2006 |url=https://www.foei.org/wp-content/uploads/2020/12/wbenergyreport-esp.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{friendsoftheearthinternational2006una, author = {{Friends of the Earth International}}, title = {{Una Respuesta de la Sociedad Civil al Marco de Inversión del Banco Mundial para Energía Limpia y Desarrollo}}, institution = {Friends of the Earth International}, year = {2006}, month = sep, url = {https://www.foei.org/wp-content/uploads/2020/12/wbenergyreport-esp.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }