Publication: RISE - Readiness for Investment in Sustainable Energy : A Tool for Policy Makers
Loading...
Files in English
7,592 downloads
Published
2014
ISSN
Date
2014-12-02
Author(s)
Editor(s)
Abstract
Readiness for Investment in Sustainable Energy (RISE) is a suite of indicators that assesses the legal and regulatory environment for investment in sustainable energy. It establishes a framework for better depicting the national enabling environment to attract investment into sustainable energy. In this way, RISE supports the achievement of the objectives of the Sustainable Energy for All initiative (SE4ALL): ensure universal access to modern energy services, double the share of renewable energy in the global energy mix, and double the rate of improvement in energy efficiency by 2030. Reaching the SE4ALL goals will require an almost tripling of historical annual investment flows in these areas to about $1 trillion, such that countries will need to embrace an enabling environment that attracts all forms of investment public and private. This report presents the methodology and results of a pilot phase of RISE involving 17 developed and developing countries, as well as an in-depth case study on Kenya. The pilot is supported by data collected between December 2013 and June 2014. The pilot countries, representing varying status in data availability and data quality are: Armenia, Chile, Denmark, Ethiopia, Honduras, India, Kenya, Liberia, Maldives, Mali, Mongolia, Nepal, the Solomon Islands, Tanzania, the United States, Vanuatu, and the Republic of Yemen. An in-depth exercise was carried out in Kenya to understand better progress in creating an enabling environment. This pilot report will be the starting point for launching the global rollout. It allows for a validation of the methodology, and for lessons learned from developing and implementing the suite of indicators across these countries. Most important, it will remain a baseline consultation document for the global rollout-expected in 2015 and to cover about 100 countries-helping refine the methodology and interpretation or results.
Link to Data Set
Citation
“World Bank Group. 2014. RISE - Readiness for Investment in Sustainable Energy : A Tool for Policy Makers. © http://hdl.handle.net/10986/20598 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Rising Food and Energy Prices in Europe and Central Asia(Washington, DC, 2011)The purpose of this paper is to illustrate the channels through which rising commodity prices might affect countries in the Europe and Central Asia Region (ECA) in the short run and to indicate which countries are most likely to be significantly affected. This paper discusses the effects of the global food and energy price increases on ECA countries from two perspectives: (a) impacts on the macro-economy through inflation, the trade balance, fiscal accounts and growth; and (b) distributional impacts within countries. It aims to highlight vulnerabilities to rising commodity prices and discusses some policy interventions to mitigate the impact of rising prices. It puts the ECA experience in the context of the last commodity price increase as well the recent global economic crisis. Section one summarizes the state of global commodity markets. Section two discusses the main macroeconomic channels through which commodity price increases affect the economy. Section three discusses the potential poverty impacts of the price increases and the ability of countries' social assistance systems to deal with the heightened need for social assistance. It also discusses country responses to the crisis to date with reference to policies followed during the 2008 price hikes. Section four examines ECA's agriculture sector and potential responses to the commodity price increase and price volatility. Section five discusses the energy sector. Bank support to ECA countries to help deal with commodity market a development is discussed in annexes one.Publication Joint MDB Report to the G8 on the Implementation of the Clean Energy Investment Framework and Their Climate Change Agenda Going Forward(World Bank, Washington, DC, 2008-06)The 2005 Gleneagles G8 summit in July 2005 stimulated a concerted effort of the Multilateral Development Banks (MDBs) to broaden and accelerate programs on access to energy and climate change mitigation and adaptation through the Clean Energy Investment Framework (CEIF). At the Gleneagles summit, it was agreed that a report on the implementation of the CEIF would be prepared for the 2008 G8 (Group of Eight: Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States) summit hosted by Japan. This joint report of the MDBs to the G8 summit in Hokkaido is intended to provide information on the outcomes and lessons learned under the CEIF, describe the collective MDB objectives for addressing the energy access and climate change challenges, and outline how the MDBs plan to build on the CEIF experience to date to more fully achieve these objectives. The report builds upon the 'the MDBs and the climate change agenda' report that was presented at the December 2007 Bali climate change conference. This report describes actions taken by each MDB to develop climate change strategies and programs of actions tailored to their particular client needs, based on resources and funding mechanisms currently available. Under the CEIF, the MDBs have strengthened collaboration on analytical work and programming and committed to expand this collaboration to optimize the impact of their collective actions. In addition to reporting on the status of the CEIF, this report outlines the collective ambition of the MDBs with respect to assisting the developing countries in meeting the climate change challenge, summarizes their evolving strategies designed to meet these objectives and the mechanisms through which they intend to achieve the necessary collaboration to optimize the collective impact of their climate change interventions.Publication Towards a Sustainable Energy Future : The World Bank Group's Renewable Energy and Energy Efficiency Action Plan(Washington, DC, 2004-06-30)The challenge for the development community is to exploit the links between energy and poverty to combat global poverty. The human scale of this challenge is huge. Today, 1.6 billion people lack access to electricity and 2.4 billion rely on traditional biomass for cooking and heating. Indoor air pollution is among leading causes of illness and death in developing countries. It leads to 2 million premature deaths a year. In 2004, the richest 20 percent of the world s population consume 58 percent of total energy, while the poorest 20 percent consume less than 4 percent. The majority of those underserved are the poor in Sub-Saharan Africa and South Asia. With increasing populations, 25 years from now, business-as-usual energy scenarios project that even after an expenditure of 16 trillion US dollars on energy investments of which half will be in developing countries, 1.4 billion people will still lack access to electricity. This is a reduction of only 200 million people from today. Over 2.6 billion people in developing countries will continue to rely on traditional forms of biomass for cooking and heating in 2030, even more than today. This scenario expects renewable energy share to increase from 2 percent to 3 percent between 2000 and 2030. Under this scenario, by 2030, the more than doubling of coal, oil and gas consumption will lead to increases in greenhouse gas emissions from the energy sector. The impacts will affect the developing countries the most, and hence rendering the poor more vulnerable. Projected impacts are increased deaths and risk of infectious disease epidemics; increased floods, mudslides and coastal and soil erosion; increased property and infrastructure damage; decreased crops, higher crop damages and a general drop in agricultural productivity.Publication Investing in a More Sustainable Indonesia : Country Environmental Analysis 2009 - Main Report(World Bank, 2009-10-01)The objective of this Country Environmental Analysis (CEA) is to highlight the underlying challenges and opportunities for Indonesia's environment and management of its natural resources in order to guide the World Bank support to Indonesian institutions for more sustainable development. Rather, the CEA sets the broader context (chapter one) and economic costs of environmental degradation (chapter two) in order to identify underlying challenges and opportunities. These are divided into two sets of priorities those related to environmental governance and those that are more sectoral in nature. Environmental governance encompasses the decentralized framework for environmental management (chapter three), enabling policies for greater environment and resource sustainability (chapter four) and building environmental constituencies (chapter five). The sectoral challenges that are most important for Indonesian development are vulnerability to climate change (chapter six), land use and climate change (chapter seven) and energy and climate change (chapter eight). The report concludes with options for a more sustainable Indonesia, including recommendations for how the World Bank can more effectively invest in light of the CEA findings (chapter nine).Publication Energy Efficiency for Sustainable Development : Scale Up Strategy and Action Plan(Washington, DC, 2005-12)This study describes the Energy Efficiency for Sustainable Development (EEfSD) action plan, to scale up energy efficiency operations in client countries. The EEfSD strategy comprises of interventions at three levels: policy and regulatory, sector and sub-sector, and at end-use equipment and appliances. It is structured along four tracks: integrating energy efficiency within economic and sector work; mainstreaming energy efficiency in investment operations; improving internal operational, learning and analytic capacity; and monitoring, evaluation, and outreach. Priority focus is on countries with highest energy intensities, where rapid growth of the energy sector is expected and where total energy use is greatest. Implementation of the action plan will be guided by the Energy, Transport and Water Department, and will require cooperation and collaboration across the Bank Group, in particular the regional operations units. This paper presents the estimated incremental costs for FY07-09 which have been committed from energy trust funds and Bank budget.
Users also downloaded
Showing related downloaded files
Publication Global Economic Prospects, June 2025(Washington, DC: World Bank, 2025-06-10)The global economy is facing another substantial headwind, emanating largely from an increase in trade tensions and heightened global policy uncertainty. For emerging market and developing economies (EMDEs), the ability to boost job creation and reduce extreme poverty has declined. Key downside risks include a further escalation of trade barriers and continued policy uncertainty. These challenges are exacerbated by subdued foreign direct investment into EMDEs. Global cooperation is needed to restore a more stable international trade environment and scale up support for vulnerable countries grappling with conflict, debt burdens, and climate change. Domestic policy action is also critical to contain inflation risks and strengthen fiscal resilience. To accelerate job creation and long-term growth, structural reforms must focus on raising institutional quality, attracting private investment, and strengthening human capital and labor markets. Countries in fragile and conflict situations face daunting development challenges that will require tailored domestic policy reforms and well-coordinated multilateral support.Publication Loud and Clear(Washington, DC, 2021)Part 1 addresses why we should care about LoI (Language of Instruction) issues and the major challenges involved. Its four sections are entitled: (i) why should we care (ii) how big is the problem (iii) the role of political economy; and (iv) diverse LoI contexts. Part 2 presents existing solutions (in section 5) and proposes a detailed way forward for the WB Education Global Practice (section 6). It should be noted that the paper does not claim to possess or propose a complete set of technical solutions for the myriad of difficult policy issues involved. By enhancing engagement and devoting adequate resources to the problem, existing solutions will be deployed, and new solutions devised. Increased partnership and knowledge sharing will be part of this, as will be the testing of innovative approaches. The new approach will involve learning at the individual and institutional level, with an intensity of engagement commensurate with the urgency of the issue.Publication Business Ready 2024(Washington, DC: World Bank, 2024-10-03)Business Ready (B-READY) is a new World Bank Group corporate flagship report that evaluates the business and investment climate worldwide. It replaces and improves upon the Doing Business project. B-READY provides a comprehensive data set and description of the factors that strengthen the private sector, not only by advancing the interests of individual firms but also by elevating the interests of workers, consumers, potential new enterprises, and the natural environment. This 2024 report introduces a new analytical framework that benchmarks economies based on three pillars: Regulatory Framework, Public Services, and Operational Efficiency. The analysis centers on 10 topics essential for private sector development that correspond to various stages of the life cycle of a firm. The report also offers insights into three cross-cutting themes that are relevant for modern economies: digital adoption, environmental sustainability, and gender. B-READY draws on a robust data collection process that includes specially tailored expert questionnaires and firm-level surveys. The 2024 report, which covers 50 economies, serves as the first in a series that will expand in geographical coverage and refine its methodology over time, supporting reform advocacy, policy guidance, and further analysis and research.Publication World Bank Annual Report 2024(Washington, DC: World Bank, 2024-10-25)This annual report, which covers the period from July 1, 2023, to June 30, 2024, has been prepared by the Executive Directors of both the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—collectively known as the World Bank—in accordance with the respective bylaws of the two institutions. Ajay Banga, President of the World Bank Group and Chairman of the Board of Executive Directors, has submitted this report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors.Publication World Development Report 2024(Washington, DC: World Bank, 2024-08-01)Middle-income countries are in a race against time. Many of them have done well since the 1990s to escape low-income levels and eradicate extreme poverty, leading to the perception that the last three decades have been great for development. But the ambition of the more than 100 economies with incomes per capita between US$1,100 and US$14,000 is to reach high-income status within the next generation. When assessed against this goal, their record is discouraging. Since the 1970s, income per capita in the median middle-income country has stagnated at less than a tenth of the US level. With aging populations, growing protectionism, and escalating pressures to speed up the energy transition, today’s middle-income economies face ever more daunting odds. To become advanced economies despite the growing headwinds, they will have to make miracles. Drawing on the development experience and advances in economic analysis since the 1950s, World Development Report 2024 identifies pathways for developing economies to avoid the “middle-income trap.” It points to the need for not one but two transitions for those at the middle-income level: the first from investment to infusion and the second from infusion to innovation. Governments in lower-middle-income countries must drop the habit of repeating the same investment-driven strategies and work instead to infuse modern technologies and successful business processes from around the world into their economies. This requires reshaping large swaths of those economies into globally competitive suppliers of goods and services. Upper-middle-income countries that have mastered infusion can accelerate the shift to innovation—not just borrowing ideas from the global frontiers of technology but also beginning to push the frontiers outward. This requires restructuring enterprise, work, and energy use once again, with an even greater emphasis on economic freedom, social mobility, and political contestability. Neither transition is automatic. The handful of economies that made speedy transitions from middle- to high-income status have encouraged enterprise by disciplining powerful incumbents, developed talent by rewarding merit, and capitalized on crises to alter policies and institutions that no longer suit the purposes they were once designed to serve. Today’s middle-income countries will have to do the same.