A new report from the Center for International Environmental Law sees a bias at the World Bank in favor of megaprojects like South Africa’s Medupi coal plant. As it prepares a new Energy Sector Strategy, the report argues, the World Bank must calculate the true costs of its investments.
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Press Release: CIEL Report Critiques World Bank Energy Policy, March 21, 2011 (CIEL website)Fossilized Thinking: The World Bank, Eskom, and the Real Cost of Coal, CIEL, March 21, 2011 (CIEL website)