The World Bank's role
Journal Article
·
· Independent Energy; (United States)
OSTI ID:5450914
The World Bank is fast becoming an important institution in the emerging international private power industry. Aside from being a significant source of debt and equity capital through its traditional lending programs and its private sector merchant banking arm, the International Finance Corp. (IFC), the World Bank often wields influence beyond its capability to directly fund investments. World Bank review of power proposals can either make or break a project requiring multilateral financing. Independent Energy recently interviewed Anthony Churchill of the World Bank at his offices in Washington to gain some insight on the role the Bank is playing in the development and realignment of the global energy sector. Churchill is currently the principal advisor to the vice president of Finance and Private Sector Development at the Bank and was formerly director of the Industry and Energy Department. An economist, has has been with the World Bank for more than 29 years. As principal advisor, Churchill is instrumental in determining policy for the Bank's activities in restructuring the energy sectors of many rapidly growing economies in the developing world.
- OSTI ID:
- 5450914
- Journal Information:
- Independent Energy; (United States), Journal Name: Independent Energy; (United States) Vol. 23:9; ISSN 1043-7320; ISSN IDPEEW
- Country of Publication:
- United States
- Language:
- English
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