World Bank urges economic growth with clean energy

According to a new report validated by the World Bank, the global community needs to address issues hindering economic growth without losing sight of environmental goals. But environmental groups say the report does not indicate the way developed countries should effectively take a lead.

..Titled “Clean energy and development: Toward an Investment Framework,” the report discusses a framework of investment requirements in developing countries that will meet modern energy needs while considering environmental efficiency. The strategy could potentially affect significant energy investment.

The document outlines large-scale solutions for climate change such as new thermal plants and dams, greater funding for renewable energy and greater market liberalization.

World Peace Herald