IFI governance

Background

Can the World Bank improve energy access for the poor? The importance of transparency in achieving the SDGs

18 April 2018 | Minutes

Panellists at the CSPF event on the World Bank's energy access finance, from left to right: Sasanka Thilakasiri (Oxfam America), David Kinder (UK alternate executive director to WBG), Alex Doukas (Oil Change International), Dana Rysankova (WBG senior energy specialist), and Anna Östergren (Swedish Society for Nature Conservation).

Panellists:

  • Sasanka Thilakasiri (Senior Policy Advisor for Climate Change and Energy, Oxfam America) (Moderator)
  • Dana Rysankova (Senior Energy Specialist, Energy & Extractives Global Practice, World Bank)
  • David Kinder (UK Alternate Executive Director, World Bank)
  • Alex Doukas (Program Director, Oil Change International)
  • Anna Östergren (Senior Policy Advisor, Swedish Society for Nature Conservation)

Session overview: This session will look at how the WBG approach is helping countries improve their performance to achieve universal energy access by 2030. We will discuss challenges and opportunities in regard to tracking and reporting, and to give priority to clean energy and energy access demands from countries in WBG’s operations and lending.

Alex Doukas, Oil Change International: A recent Tearfund & Overseas Development Institute report, Pioneering Power, has some key findings that I’ll be presenting, as we had to combine two energy access panels into one:

  • Under business as usual, 700 million people will still be without energy in 2030. That’s not an acceptable outcome, and failure of SDG 7.
  • There is a mainstream consensus that off-grid and mini-grid systems will need to provide the majority of new connections if universal energy access is to be met by 2030.
  • Experiences of 5 countries (DRC, Tanzania, Nigeria, Myanmar, Nepal): significant uptake in renewables, despite barriers to uptake, including fossil fuel subsidies. Need more ‘last mile’ policies to speed up rate of new connections.
  • Recommendations of the report: Governments should set targets for uptake, supported by donors, development banks, private sector and civil society. This includes tracking progress on connections.

Forthcoming Oil Change International report: finance for distributed renewable energy (DRE) access was only 1.9 per cent for WBG between FY14-FY16, on average. This needs to get closer to the IEA’s least cost analysis, under its Energy for All scenario, which calls for 70 per cent new connections between now and 2030 to come from DRE in order to achieve SDG 7. Emerging examples of good practice include WBG’s significant engaging in significant outlay of mini-grids in Nigeria.

Anna Östergren, Swedish Society for Nature Conservation: WBG has committed to helping achieve SDG 7; its own global tracking framework reveals we are not on track to achieve it.

There is a need to make sense of different figures cited in WBG reporting on the number of new connections that it is financing: a 2016 IEG report, the WBG website, and the WBG corporate scorecard all provide different levels of connections being achieved. The data sources are not cited so there is no way to verify them.

In countries where the WBG operates, they should ensure they are on track for SDG 7. We want them to ensure 15 million connections per year, and to transparently report according to connections per project, and quality of the connections, according to its only multi-tier framework.

Mozambique example: the Country Partnership Framework (CPF) does not identify the shortcomings in the RISE scorecard, which scores Mozambique poorly in terms of its regulatory environment for DRE. There is also a mismatch between the CPF’s focus on increasing renewable energy, and subsequently funded energy projects by the Bank, as 7-of-8 of these went to funding energy export projects.

Bangladesh example: government has committed to achieving universal access by 2021 and set a target for renewable energy. In the past the WBG supported large-scale DRE investment programme, which reached 12% of the population. Despite the government’s commitments to renewable energy and its energy access aims, current WBG projects appear inconsistent and could lead to an implementation gap.

Recommendations: promote energy access before exports; use RISE indicator to shape demand for WBG assistance; develop concrete energy access target; publish verifiable results via transparent reporting.

Dana Rysankova, World Bank: There has been progress on energy access; while globally we are behind, there is a big difference between different countries. For example, regionally in East Africa, Kenya is leading, and other East African countries are following – with more success than in other Sub-Saharan African sub-regions. What have these countries done differently? They have prioritised it, and included an emphasis on off-grid and mini-grid energy sources in their energy strategies.

The IEA least cost scenario for achieving SDG 7 is one of a number of estimates, based on geospatial analysis. This ignores the political reality of countries and makes assumptions about what level of connections are possible. What are the services needed, and at what level? What we are increasingly doing is looking at the country level, and looking at what is feasible. According to the multi-tier framework, if you want 24-hour access, the conventional grid is the cheapest way of achieving it, as DRE doesn’t easily provide this.

The Bank is adopting different regional approaches in Sub-Saharan Africa, including parallel approaches to invest in both off-grid and mini-grid. In FY17-18 we’re on track to invest around $500 million in off-grid and mini-grid.

In some countries there is a lag in absorptive capacity: results needs to be the focus, not only on finance. We need to have the right regulations to ensure access on ground. Kenya and Ethiopia are two examples where we’re working on parallel off-grid and mini-grid solutions.

David Kinder, alternate UK ED to the WBG: The UK prioritises climate action. Domestically, we had 40 per cent coal as part of our energy mix five years, and have 2 per cent now. DFID is taking an increasingly strong focus on energy access abroad.

On the Bank’s General Capital Increase: if it does happen, the WBG will be able to lend more, and you’ll see additional climate change commitments, in terms of being able to lend more for access, and fill some of the finance gaps that people have been talking about here. The private sector is also emerging very quickly in this area, and they can help us to make the progress needed to achieve SDG 7.

An increase in the Bank’s support for energy access over time is one of our key priorities. Targets are important, although sometimes they can distort efforts to get results on the ground right, and we have to ensure that this is not the case. Methodology of reporting is an important thing to address.

Q&A:

Sasanka Thilakasiri, Oxfam: I’ll throw it open to the panel – are any issues from the presentations you want to come back on?

Alex Doukas: Just a quick note that we delayed our planned report to incorporate more recent information from the Bank, as we believed it was important to show the changes to the Bank’s funding in this area. We can argue about the exact targets, but we do want to see the Bank having a significant focus on increasing connections as part of it energy sector investments.

Dana Rysankova: There’s never a silver bullet. Government commitment is essential. But we agree that more connections are needed and we are working on this.

Anna Östergren: We want to see more connections, and emphasis on results.

David Kinder: We think regulatory changes required for countries to be eligible for the Bank’s Development Policy Loans can be an effective way to improve the regulatory framework needed to promote energy access.

Benson Ireri, Christian Aid: Energy access is becoming a priority for so many countries. DRE is needed to achieve SDG7, and we’re seeing a lot of demand for it, in Kenya and other African countries, but the policy environment is key.

Athena Ballesteros, Growald Family Fund: In the Philippines, we used to have an access issue, then there was the emergence of creative social enterprises that helped to create access. What are you doing to ensure the best practices in one country are transferred to others where they are needed?

Dana Rysankova: In terms of the CPF, it’s a multi-stakeholder process, so not all the priority is on funding renewables or access. But when there’s real commitment by the government on access, then significant progress has been made. We’re also trying to transfer knowledge between different countries.

David Kinder: One of our priorities is having a strong emphasis on South-South learning. IFC also plays a role in terms of engaging the private sector and ensuring the innovation happening is transferred to new markets.

Alex Doukas: I think that ensuring there’s CSO engagement in country diagnostic and CPF processes is key, so that the Bank can account for demand for energy access that exists in many countries.

SustainUS delegate: What is role of energy efficiency in energy access?

Benson Ireri: What is the role of absorptive capacity in access, what has WBG been doing with respect to this?

Dana Rysankova: Utilities are the weak link – they are not financially viable in many Sub-Saharan African countries. So this is a barrier to creating new extensions, because their model is not profitable, and if they get bigger they’ll just be losing more money. For mini-grid and off-grid this is slightly different, as you need to create a regulatory framework. You can set up funds for mini-grid and off-grid and engage social entrepreneurs. But in this space in Sub-Saharan Africa, most of the finance goes to just five companies, so we need to do more outreach to local companies and try to grow this space so that the market becomes more diverse.

More background on this issue

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Background

15 April 2011 | Minutes

How the Financial Stability Board Affects Development Prospects: Opening the Black Box

Notes of a meeting held in Washington DC, 15 April 2011

Finance

Background

14 April 2011 | Minutes

IFC's international development goals

IFC staff member discusses plans for goals to guide future work in private sector development.

Land

Background

14 April 2011 | Minutes

The regulation of excessive speculation in commodity markets: what's at stake

Financial experts critically discuss commodity speculation.

IFI governance

Background

13 April 2011 | Minutes

IMF triennial surveillance review

Notes of meeting, Washington DC, April 13, 2011

Finance

Background

13 April 2011 | Minutes

Meeting between the UK IMF Executive Director Alex Gibbs, HM Treasury and UK civil society organisat

Notes of the seminar of spring meetings 2011

Environment

Background

12 October 2010 | Minutes

Energy, Poverty, Sustainability and Climate Change

Minutes of a seminar at the 2010 annual meetings, 8 October 2010

IFI governance

Background

12 October 2010 | Minutes

Held in reserve: can a new approach to monetary policy transform the global economic outlook?

Minutes of an experts seminar held on the sidelines of the 2010 Annual Meetings of the IMF, 7 October 2010

IFI governance

Background

12 October 2010 | Minutes

Investment lending reform

A briefing by World Bank staff on the investment lending reform, 9 October 2010

Knowledge

Background

11 October 2010 | Minutes

Post MDG Summit

Notes of the seminar of annual meetings 2010

IFI governance

Background

11 October 2010 | Minutes

Future of the global financial and monetary system

Notes of the seminar of annual meetings 2010

IFI governance

Background

11 October 2010 | Minutes

Global economic governance

Notes of the seminar of annual meetings 2010

Conditionality

Background

8 October 2010 | Minutes

Civil Society Townhall Meeting with Robert Zoellick and Dominique Strauss-Kahn

Notes of the seminar of annual meetings 2010

Knowledge

Background

7 October 2010 | Minutes

Meeting between the UK IMF Executive Director Alex Gibbs , HM Treasury and UK civil society organisa

Notes of the seminar of annual meetings 2010

IFI governance

Background

29 April 2010 | Minutes

Future of the World Bank: major reforms or a series of minor adjustments?

Civil society event at the World Bank spring meetings 2010, 24 April

Infrastructure

Background

26 April 2010 | Minutes

Launch of Bank Information Center's (BIC's) model energy strategy

Civil society event at the World Bank spring meetings 2010, 24 April

IFI governance

Background

26 April 2010 | Minutes

A sustainable World Bank energy strategy: perspectives from various stakeholders

Civil society event at the World Bank spring meetings 2010, 23 April

IFI governance

Background

26 April 2010 | Minutes

Evaluation as a critical tool for accountability

Civil society event at the World Bank spring meetings 2010, 23 April

IFI governance

Background

23 April 2010 | Minutes

An IMF for the 21st century - the low-income country perspective

Civil society event at the World Bank spring meetings 2010, 22 April

Environment

Background

23 April 2010 | Minutes

Financing the response to climate change: special drawing rights (SDRs) for climate finance

Civil society event at the World Bank spring meetings 2010, 22 April

Infrastructure

Background

23 April 2010 | Minutes

Governance challenges in financing green and sustainable energy policies

Freidrich-Ebert-Stiftung event at the World Bank spring meetings 2010, 22 April

Infrastructure

Background

23 April 2010 | Minutes

Roundtable on post-crisis economic recovery

World Bank event at the World Bank spring meetings 2010, 22 April

Environment

Background

23 April 2010 | Minutes

World Bank, climate change and climate finance

Civil society event at the World Bank spring meetings 2010, 22 April

IFI governance

Background

9 October 2009 | Minutes

The IMF and protectionist trade policies: What does the record of the past 15 years tell us?

Seminar on the IEo evluation of IMF trade policy advice in Istanbul, 2 October 2009.

IFI governance

Background

8 October 2009 | Minutes

Financial sector policies in the crisis

Programme of Seminars session in Istanbul on 3 October 2009 with Zeti Aziz, Andrew Crockett, Christine Cummings, Sayed Sadeeq, and John Laker.

Environment

Background

8 October 2009 | Minutes

CSO Townhall meeting

Notes from the CSO townhall meeting with Dominique Strauss-Kahn and Robert Zoellick

IFI governance

Background

8 October 2009 | Minutes

IMF governance - CSO meeting with the IMF managing director

Minutes of a meeting between civil society organisations, IMF managing director Dominique Strauss-Kahn and IMF deputy managing director John Lipsky

Environment

Background

6 October 2009 | Minutes

Consultation meeting on World Bank environmental strategy

Summary of the first consultation on their new environment strategy, which they will develop next year.

IFI governance

Background

5 October 2009 | Minutes

The impact of financial regulation on developing countries

The impact of financial regulation on developing countries, World Bank Programme of Seminars, with Mingkang Liu, Joseph Stiglitz, and Alvir Hoffman.

Conditionality

Background

5 October 2009 | Minutes

The IMF: Change we can believe in?

The IMF: Change we can believe in? Notes of a civil society meeting in Istanbul. Speakers include Joseph Stiglitz, Andrew Kumbatira, Caroline Atkinson, and Bhumika Muchhala.

IFI governance

Background

5 October 2009 | Minutes

Future of the Global Financial System

Notes of part of a panel debate chaired by Martin Wolf of the Financial Times, Istanbul, 4 October 2009.

Finance

Background

4 October 2009 | Minutes

Report launch: Post-crisis growth in developing countries

Growth commission event in Istanbul.

IFI governance

Background

4 October 2009 | Minutes

The UN conference and the G20 summit

Minutes from The UN conference and the G20 summit, civil society policy forum discussion on 3 October 2009. Istanbul, Turkey

IFI governance

Background

4 October 2009 | Minutes

Critical debate on the World Bank and IMF

Summary of a presentation made by Professor Anwar Shaikh, the New School for Social Research, on "Monetary Policy and the Global Crisis"

IFI governance

Background

4 October 2009 | Minutes

Global economic governance roundtable

Summary of a discussion with German government representatives, Jomo KS of the UN and civil society organisations.

Environment

Background

27 April 2009 | Minutes

The World Bank's programs on forests and climate change

A civil society event organised by World Resources Institute (WRI) at the World Bank spring meetings 2009

IFI governance

Background

27 April 2009 | Minutes

Compliance Advisory Ombudsman review of standards for Bank’s private sector lending

Notes of a session with the CAO at the World Bank spring meetings, Washington, DC, April 22, 2009.

IFI governance

Background

25 April 2009 | Minutes

IMF crisis response- discussion

Notes of a meeting between the IMF and civil society organisations

Environment

Background

13 April 2008 | Minutes

Dialogue with NGOs and Lars Thunell, Executive Vice President and CEO, IFC

Dialogue with NGOs and Lars Thunell, Executive Vice President and CEO, IFC

Environment

Background

11 April 2008 | Minutes

Macroeconomic and fiscal implications of climate change and the policies to address it

A briefing by IMF economists at the spring meetings 2008.

IFI governance

Background

11 April 2008 | Minutes

Briefing on the World Bank's Six Strategic Themes

Minutes of a briefing by World Bank staff on the WBG's six strategic themese

Conditionality

Background

11 April 2008 | Minutes

IMF consultation in advance of the PSI review

Notes of a consultation between IMF staff and NGOs in advance of the PSI review

Social services

Background

10 April 2008 | Minutes

Structural conditionalities in the IMF: A discussion between the IMF, IEO, and CSOs

An upcoming civil society report demonstrates that IMF structural conditionality did not decline in the five years after the approval of the Fund's conditionality guidelines in September 2002, which were based on the principles of ownership and criticality in its application of structural conditionality, as well as to streamlining the number of conditions. Going on seven years, it seems that these guidelines have been more honoured in principle than in practice. A recent Independent Evaluation O

Finance

Background

26 October 2007 | Minutes

Macroeconomic aspects of aid scaling up and the role of the Fund

Highlights of a 21 October discussion on the macroeconomics of aid scaling up at the World Bank-IMF annual meetings 2007.

Conditionality

Background

26 October 2007 | Minutes

Wage bill ceilings, fiscal and monetary policies and absorbing aid inflows - updates and next steps

Highlights of a 20 October discussion on the the IMF's fiscal and monetary policy advice and conditionality for low-income countries at the World Bank-IMF annual meetings 2007.

IFI governance

Background

26 October 2007 | Minutes

Rethinking the governance of the IMF

Highlights of a 19 October discussion on the reform of IMF governance at the World Bank-IMF annual meetings 2007.

IFI governance

Background

26 October 2007 | Minutes

The role of low-income countries in IFI governance

Highlights of a 19 October discussion on the role of low-income countries in IMF governance at the World Bank-IMF annual meetings 2007.

Conditionality

Background

26 October 2007 | Minutes

The IMF's Policy Support Instrument: more flexibility or continued belt tightening

Highlights of a 21 October discussion on the IMF's Policy Support Instrument (PSI) at the World Bank-IMF annual meetings 2007.

Environment

Background

23 October 2007 | Minutes

Townhall meeting and reception with World Bank and IMF presidents and civil society representatives

Highlights of an 18 October 'town hall' meeting between WB-IMF heads and CSOs.

Environment

Background

23 October 2007 | Minutes

The agenda of the Development Committee and the provision of Global Public Goods

Highlights of a 20 October meeting hosted by the FES Foundation on global public goods, at the World Bank-IMF annual meetings 2007.

Infrastructure

Background

23 October 2007 | Minutes

Climate change and clean energy challenges and opportunities in addressing Africa's growing energy n

Highlights of a meeting at the World Bank-IMF annual meetings 2007.

Infrastructure

Background

23 October 2007 | Minutes

Low carbon, high hopes: making climate action work for development

Highlights of a 19 October meeting at the World Bank-IMF annual meetings 2007.

Environment

Background

5 October 2007 | Minutes

Highlights of BWI-UK network meeting with Douglas Alexander

Highlights of a 4 October meeting between NGOs in the BWI-UK network and secretary of state for international development, Douglas Alexander, addressing IFI strategic reviews, aid effectiveness, clean energy/climate change and a number of other issues.

Conditionality

Background

27 April 2007 | Minutes

IMF macroeconomic policies and the impacts on education budgets and teacher wages

IMF civil society dialogue, spring meetings 2007 (14 April 2007)

Conditionality

Background

27 April 2007 | Minutes

IEO Evaluation of the IMF and Aid to Sub-Saharan Africa

Civil society dialogue, spring meetings 2007 (12 April 2007) on the IEO Evaluation of the IMF and Aid to Sub-Saharan Africa

IFI governance

Background

27 April 2007 | Minutes

European CSO meeting with European IMF EDs

Incomplete minutes of European CSO meeting with European IMF EDs, 13 April 2007

Conditionality

Background

20 April 2007 | Minutes

Fiscal space and fiscal priorities: Infrastructure, trade and poverty

This panel discussion addressed the pros and cons of fiscal space for infrastructure when infrastructure is trade-related, what they mean for current proposals by the World Bank and IMF on fiscal space, and the importance of an assessment that looks jointly at the trade and financial aspects on the grounds of poverty reduction, development and environment goals.

Conditionality

Background

19 April 2007 | Minutes

Sub-Saharan Africa: Outlook and Challenges

Sub-Saharan Africa: Outlook and Challenges; IMF-civil society dialogue, 13 April 2007

IFI governance

Background

26 October 2006 | Minutes

Highlights of Hilary Benn meeting with UK NGOs

Highlights of semi-annual meeting between UK Secretary of State for International Development and UK NGOs. Topics covered include CSO access to annual meetings, conditionality, anti-corruption, odious debt, clean energy, education in LICUS, bank internal governance, IFC safeguards

IFI governance

Background

26 September 2006 | Minutes

Highlights of Tom Scholar meeting with UK NGOs

Highlights of quarterly meeting between UK executive director to the World Bank and IMF and UK NGOs. Topics covered include CSO access to annual meetings, IMF strategic review, conditionality, anti-corruption and education.

IFI governance

Background

28 June 2006 | Minutes

Highlights of Tom Scholar meeting with UK NGOs, Monday 26 June 2006

Highlights of Tom Scholar meeting with UK NGOs, Monday 26 June 2006

IFI governance

Background

9 May 2006 | Minutes

Policy issues in scaling up of aid flows

Highlights of a spring meetings dialogue hosted by the IMF on scaling-up aid, where senior Fund staff Peter Heller walked out.

Social services

Background

28 April 2006 | Minutes

Evaluating the impact of the PRGF: The cases of Ethiopia, Malawi, Tanzania and Zambia

Highlights of a civil society dialogue on the IMF Poverty Reduction and Growth Facility, at the World Bank spring meetings in Washington, 20 April 2006.

Infrastructure

Background

27 April 2006 | Minutes

World Bank dialogue on the clean energy investment framework

Highlights of a World Bank-organised dialogue on its new clean energy investment framework at the spring meetings in Washington, 24 April 2006.

IFI governance

Background

25 April 2006 | Minutes

Briefing on the implementation of new IFC performance standards

Briefing on the implementation of new IFC performance standards at the World Bank-IMF spring meetings in Washington, 20 April 2006.

Conditionality

Background

25 April 2006 | Minutes

Dialogue on national development strategies and the Millennium Development Goals

Dialogue on national development strategies and the Millennium Development Goals at the World Bank-IMF spring meetings in Washington, 20 April 2006.

Finance

Background

25 April 2006 | Minutes

Dialogue on Fund role in middle-income countries

Dialogue on Fund role in middle-income countries at the World Bank-IMF spring meetings in Washington, Thursday 20 April.

IFI governance

Background

6 October 2004 | Minutes

Grants or Loans? The Full Debate

The session considered the arguments surrounding the provision of grants or loans by IDA. It considered the recent call by President Bush for the World Bank and other development banks to provide more of their funds to the poorest countries as grants, in recognition of the pivotal role that grants play in providing prudent financing for pressing development needs.

IFI governance

Background

4 October 2004 | Minutes

CSO meeting with European Executive Directors

Note from meeting in Washington between European IFI network and European EDs as part of the civil society programme of the World Bank and IMF Annual Meetings 04.

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IFI governance

Analysis

Spring Meetings 2018 wrap-up: Bigger and better you say?!

Analysis and look-back of this year's World Bank and IMF Spring Meetings; CSOs remain unconvinced of Bank's capital increase while Fund deals with looming debt crisis.

24 April 2018

IFI governance

Analysis

Development Committee communiqué analysis - Spring 2018

Analysis of the Development Committee communiqué issued on 21 April, from the 2018 World Bank-IMF Spring Meetings, Washington DC.

24 April 2018

IFI governance

Analysis

G24 communiqué analysis - Spring 2018

Analysis of the G24 communiqué, issued on 19 April, from the 2018 World Bank-IMF Spring Meetings, Washington DC.

23 April 2018

IFI governance

Analysis

IMFC communiqué analysis – Spring 2018

Analysis of the IMFC communiqué, issued on 18 April, from the 2018 World Bank-IMF Spring Meetings, Washington DC.

23 April 2018

IFI governance

Background

A lost decade for human rights? Assessing austerity and its alternatives 10 years on from the financial crisis

Notes from the 20 April Civil Society Policy Forum session on assessing austerity and its alternatives 10 years after the global financial crisis at the World Bank and IMF's Spring Meetings.

20 April 2018 | Minutes

IFI governance

Background

Financing development through financial intermediaries: Exploring best practices in transparency

Notes from the 19 April Civil Society Policy Forum session on financing development through financial intermediaries at the World Bank and IMF Spring Meetings.

19 April 2018 | Minutes

IFI governance

Background

Financial crisis 10 years on. Has the response to 2008 laid the foundations for the next?

Notes from the 19 April Civil Society Policy Forum session on the response to the 2008 financial crisis at the World Bank and IMF's Spring Meetings.

19 April 2018 | Minutes

IFI governance

Background

The promotion of Public-Private Partnerships – exporting a failed model?

Notes from the 19 April Civil Society Policy Forum session on the World Bank's promotion of public-private partnerships at the World Bank and IMF's Spring Meetings.

19 April 2018 | Minutes

IFI governance

Background

Big Shift: How can the Development Banks align with the Paris Agreement?

Notes from the 18 April Civil Society Policy Forum session on aligning multilateral development banks with the Paris Agreement at the World Bank and IMF's Spring Meetings.

18 April 2018 | Minutes

IFI governance

Background

Can the World Bank improve energy access for the poor? The importance of transparency in achieving the SDGs

Notes from the 18 April Civil Society Policy Forum session on the World Bank's approach to financing energy access at the Work Bank and IMF's Spring Meetings.

18 April 2018 | Minutes