The European Bank for Reconstruction and Development EBRD

The EBRD, like the World Bank, has already started a carbon trading fund as manager of a US$35 million fund from The Netherlands. Otherwise, its energy portfolio is rather mixed. Using the same categories as described above for our analysis of the IDB and the World Bank, the National Wildlife Federation's snapshot of available information indicates that the EBRD's fossil fuel lending in 2007 was double (US$845 million) that in 2001 (US$466 million). But since their overall energy lending had also doubled in that period, the fossil fuel proportion remained at the same level. Meanwhile, our analysis shows its investments in renewable energy, efficiency and small hydro to have grown significantly, from US$24 million in 2001 to over US$300 million in 2007. Moreover, it avoided large hydro entirely in those years.

Guide to Alternative Fuels

Guide to Alternative Fuels

Your Alternative Fuel Solution for Saving Money, Reducing Oil Dependency, and Helping the Planet. Ethanol is an alternative to gasoline. The use of ethanol has been demonstrated to reduce greenhouse emissions slightly as compared to gasoline. Through this ebook, you are going to learn what you will need to know why choosing an alternative fuel may benefit you and your future.

Get My Free Ebook


Post a comment