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World Bank increases renewables spending

16 August 2006


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US$490M was allocated to energy efficiency projects and US$190M to renewables. Eighty percent of this was to wind, solar, biomass and geothermal, and the remaining 20% went to small hydro power projects (under 10MW).

The sum total of US$680M can be compared to the Bank's 2005 commitment of US$459M.


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