Energy Evolution

Scale up to phase down: World Bank's roadmap to finance energy transition in developing countries

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May 5, 2023
Demetrios Papathanasiou, the global director for energy and extractives at the World Bank, discusses the organization's vital new framework for financing the transition to cleaner energy in developing countries. He highlights the challenges of high capital costs and the dangers of relying on fossil fuels. Papathanasiou emphasizes the crucial role of both public and private investments in this shift and shares a successful case study from India. The conversation also touches on innovative clean energy technologies and policies needed to attract investment.
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