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Session Title: Climate Change Mitigation and the World Bank
Panel Session 488 to be held in Wekiwa 9 on Friday, Nov 13, 9:15 AM to 10:45 AM
Sponsored by the Environmental Program Evaluation TIG
Chair(s):
Cheryl Gray, World Bank, cgray@worldbank.org
Abstract: This session assesses the impact of three World Bank Group-supported activities on reducing greenhouse gas (GHG) emissions. Two of these activities - support for industrial energy efficiency and for solar power in China - had explicit GHG reduction goals. The third - support for protected areas in tropical forests - was motivated by biodiversity concerns but offers lessons for the emerging agenda on reducing emissions from deforestation.
Can Financial System Innovations Promote Energy Efficiency? An Impact Analysis for China
Hiroyuki Hatashima, International Finance Corporation, hhatashima@ifc.org
The International Finance Corporation (the private sector arm of the World Bank Group) launched an energy efficiency program (CHUEE) in China in 2004. The program's objective is to create commercially sustainable delivery mechanisms for financing energy efficiency projects. The evaluation focused on efficacy and impact of the program using a quasi-experimental design that compared participating and nonparticipating financial institutions.
Assessing a Program to Promote the Diffusion and Adoption of Solar Photovoltaic Home Systems in Rural China
Fan Zhang, World Bank, fzhang1@worldbank.org
This presentation will sketch a general model of alternative investment instruments and technology adoption; discuss empirical strategies for evaluating technology diffusion effects; and apply the model to an evaluation of the Renewable Energy Development project, which used incentives and grants with the goal of reducing the cost and increasing the quality of solar photovoltaic systems.
Do Protected Areas Protect Areas? A Global Analysis of the Impact of Forest Protection on Deforestation
Kenneth Chomitz, World Bank, kchomitz@worldbank.org
Andrew Nelson, Independent Consultant, dr.andy.nelson@gmail.com
Tropical deforestation accounts for about one fifth of global GHG emissions, and policy attention now focuses on finding instruments to reduce these emissions. However, there is a long and largely unevaluated track record in trying to reduce deforestation as a means of protected biodiversity. This impact evaluation applied statistical methods to remote sensing data on forest cover and forest fires to assess the impact of forest protection on reduced deforestation. The analysis controls for confounding effects - such as the tendency for protected areas to be set up in remote regions with lower pressure for deforestation.

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