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Energy Policy

World Bank's Saghir describes new push on renewable power, climate change

At last summer's G8 meetings, world leaders called on the World Bank to do more to address climate change, including further investment in the development of clean energy sources. During today's OnPoint, Jamal Saghir, director of energy and water at the World Bank, talks about how the institution is meeting that goal, and about the bank's 2004 pledge to increase spending on renewable power and energy efficiency. Plus, Saghir responds to questions about the World Bank's track record on oil and gas development, and a controversial report suggesting that the bank end financial support for fossil fuel development efforts.