Sustainable Energy and Economy Network
About SEEN
Key Issues Research Global Database Take Action
Energy Climate Human Rights IFI's Corporate $$
Media

 

The World Bank and the G-7:
Still Changing the Earth's Climate for Business
1997-98

Authored by the Sustainable Energy and Economy Network (Institute for Policy Studies, USA) and the International Trade Information Service (USA)

Version 1.3, December 1998


IV. Summary Tables

A. Recently Approved or Pending Fossil Fuel-Oriented World Bank Projects

POWER PLANTS

(megawatts) (millions) (metric tons)
Country (project) Fuel MW Primary TNC involvement $Bank Est. Emissions CO2
APPROVED (May 27, 1997 to March 31, 1998)
(new)
Thailand
(3 locations)
coal/
gas
 4100 (j)  Unocal, Total,Mitsui,GE $300 462,707,200(j)
China (Tuoketuo) coal TBD 3600 $400 575,884,800
China (Yancheng) coal 2100 FosterWheeler,Siemens,AES $250 335,932,800
China (Waigaoqao) coal 2000 TBD $400 319,936,000
China (2 Hunan plants) coal 1300 National Power, others TBD $300  207,795,840
Morocco (Jorf Lasfar) coal 696 CMS Energy, ABB $184 111,337,720
Hungary (Quick Start) diesel 200 Gen. Electric, GEC Alsthom $60 34,812,200
Kenya (First Energy) diesel 150 Mitsubishi, others TBD $125 26,109,150
Sengal
(2 plants)
oil 87 General Electric, Hydro Quebec $100 11,755,270
Yemen (Sana'a) diesel 30 Ansaldo Energia $54 5,221,830
(rehabilitation)
Bosnia (4 plants)  coal 1977 To be determined $25 316,256,730
Yemen (Sana'a) diesel 20 Ansaldo Energia see above 3,481,220
PENDING
(new) (proposed board date)
Zimbabwe (Sengwa) coal 1400 National Power, Rio Tinto $60 2,504,040,000(i) n/a
Vietnam (Phu My 2/2) gas 700 GEC-Alsthom, ABB, Marunbeni $25 19,871,00 (k) FY 99
Egypt (Sidi Krir) gas 650 Bechtel, Shell $100 51,664,600 6/98
Cote d'Ivoire (Azito) gas 450 ABB, GI, United Meridien, Apache $30-35 35,767,795 FY 99
India (Solar Thermal) solar/oil 35/105 Amoco, Enron $49 14,187,390 n/a
Bangladesh oil/gas 114 Wartsila, New England Power n/a 10,646,745 (h) n/a
(rehabilitation)
Poland (Dolna Odra) coal 1600 possibly Saarberg $110 255,948,800 n/a
Poland (Rybnik) coal 1600 possibly Westinghouse $140 255,948,800 n/a
Bulgaria (Varna) coal 1200 TBD $100 191,961,600 9/98
Bulgaria (Sofia) oil/gas n/a TBD $100 not available 12/98

FOSSIL FUEL FIELDS, MINES & PIPELINES

Project Fuel Output/Reserves TNCs $Bank Est. Emissions
APPROVED
Bolivia to Brazil Gas 127 billion cu. meters Enron, Shell... $310 (d)
India Coal 1.4 billion tons TBD $535 (d)
Russia Coal >100 billion tons TBD $800 (e)
PENDING (proposed board date)
Azerbaijan to Georgia Oil 2.74 billion tons Amoco,Exxon $200 (d) 4/98
Chad (Doba & Sedigi) Oil 144 million tons Exxon,Shell,Elf >$370 446,400,000 mid-98
Nigeria to Ghana Gas (a) 10.3 billion cu.meters CMS, Chevron $260 37,342,992(a) n/a
Tanzania (S.Songo) Gas 28.3 billion cu. meters Ocelot,T-Can. $203 (d) 3/98
Ukraine Coal TBD $100 (f) n/a

ENERGY SECTOR PRIVATIZATION/EXPANSION (general support) (g)

Country (Location) Project $Bank (millions)
APPROVED
Turkey Transmission sector support $270
Ukraine Heating rehabilitation/privatization $200
India (Haryana) Electricity T&D privatization - stage I $60 to $600
Russia Electricity sector privatization $40
PENDING (proposed board date)
Algeria Electricity T&D privatization $100 7/99
Armenia Electricity T&D privatization $51.7 3/98
Bangladesh Electricity T&D privatization $200 n/a
Dominican Republic Power Sector Reform $20 n/a
India (national) Transmission upgrades $400 1/98
India (Andhra Pradesh) Power sector privatization  $150  11/98 
India (Haryana)  Power sector privatization - stageII  $150  n/a 
India Rajasthan power sector restructuring $60 n/a
Mexico Power sector restructuring $400 n/a
Moldova Energy sector privatization $40 n/a
Mongolia Power sector expansion $35 n/a
Pakistan  Power sector privatization  $300  n/a 
Russia Heating privatization/rehabilitation $300 7/98
Sri Lanka Electricity T&D privatization $30 7/2000
Trinidad & Tobago  Natural gas sector reform  $10  n/a 

NOTES

TBD = To be determined. International procurement of major equipment and/or Ownership are likely.
n/a = Data not available.
T&D = Transmission and Distribution (electricity or heating).
(Proposed board date) - Note: The Bank's MOS and PIDs list tentative board dates for certain projects; however, in many cases, board dates have passed without any decisions being made.
(a) CO2 emissions from the Nigeria to Ghana pipeline project assumes flow rate of 160 million cubic feet per day and consumption by Takoradi power plant. In our previous report (1997), we estimated Takoradi's emissions to be 23,832,000 metric tons, which are deducted here from the pipeline project's estimated 61,188,192 metric tons of ultimate CO2 emissions at the predicted flow rate for 20 years.
(b) - The Bank's pipeline project form key pieces of an archipelago-circling pipeline complex which will tap into all of Indonesia's considerable gas fields. The national proved reserves are thus included in these calculations.
(d) - This recently-financed or pending project follows upon a previous World Bank loan or credit for related or same project. Emissions were tabulated in our previous report, and, to avoid duplication, are not repeated here.
(e) - Given that the Bank is facilitating the privatization of Russia's coal mines, it could be fair to attribute some share of Russia's emissions from its reserves of over 100 billion metric tons of coal to the World Bank. However, since the Bank is not directly financing mining equipment acquisition or foreign direct investment in any particular mines, as far as we can determine, we have chosen not to include the estimated 271 billion metric tons of CO2 that will be released by the burning of Russia's reserves in these calculations.
(f) - While the Bank is proposing support for the management of "viable mines" in Ukraine, it has not specified which mines will be involved, so future emissions can not be calculated at this time.
(g) - Several Bank projects for general support of energy and power sectors are omitted from this table. The omitted projects do not have fossil fuel power generation expansion or privatization within their scope, to our knowledge.
(h) - Based upon five years of burning oil and 15 years of burning gas.
(i) - Rio Tinto, co-owner of the proposed Sengwa power plant, plans to exhaust all of its reserves in the Sengwa coalfield (924 million tons) in this station. Given the stated plans of the plant's owners, we have opted to calculate CO-2 emissions from the company's coalfield reserves, rather than limiting the projection to 20 years of plant operation at initial planned capacity.
(j) - Based upon 1700 MW coal-fired power (Krabi 300MW, Ratchaburi 1400MW, which will generate combined 20-year emissions of 271,945,600 tons) and 2400MW gas-fired power (Wang Noi 600MW and Ratchaburi 1800MW, leading to emissions of 190,761,600 tons). Additional Bank-fueled emissions are likely to flow from independent power producers, which will be linked to the national grid with the assistance of Bank financing under this package, but exact connections are not clear from available Bank documents.
(k) - This pending loan to Vietnam follows upon a 1996 loan to the same power plant. We accounted for 450MW of gas-burning capacity in our 1997 report; the amount in this column accounts for the 250MW balance.

 

B.Estimated Lifetime Emissions from World Bank-financed projects since the Earth Summit

Back to the top

CO2 emissions (million metric tons)

(Funding cycle)
Type of Project FY1993 to present Pending Total
Power Plants
Coal-fired 3,883 3,208 7,907
Gas-fired 427 114 541
Oil-fired 328 18 446
Diesel-fired 193 0 193
Total Power Plants  4,831 3,340 8,171
Extraction/Distribution
Oil 19,944 446 20,390
Gas 6,819 37 6,856
Coal 5,941 0 5,941
Total extraction/distribution 32,704 483  33,187 
TOTAL ALL PROJECTS 37,535 3,823 41,358

Note: The above table estimates total emissions from World Bank financing for fossil fuel extraction, distribution, and power plants from July 1992 to September 1998. In order to avoid double counting emissions from power projects that probably are fueled by Bank-financed fields, mines or pipelines, the following power plants are not included in the grand total tables: India coal-fired power plants (Balagargh, Ib Valley, Tamil Nadu and Rain Calcining), Uch gas power plant in Pakistan, and Songo Songo gas power plant in Tanzania. The estimated 306,545,000 metric tons of CO2 emissions (of which 71,083,000 is gas-based and 235,462,000 is coal-based) to be produced by these plants over the next 20 years are a subset of the Coal India, Sui gas field, and Songo Songo gas field estimated emissions. Potential double-countings between field production and pipeline projects are avoided in previous tables in this and the initial report.

C. World Bank Financing of Fossil Fuel Extraction, Distribution and Power Projects since the Earth Summit

World Bank Financing ($US million)
Type of Project FY1993 to present Pending Total
Power Plants
Coal-fired $3,976 $410 $4,376
Gas-fired $1,597 $205 $1,802
Oil-fired $546 $99 $645
Diesel-fired $618 $0 $618
Other (a) $1,457 $2,247 $2,704
Total power plant finance $8,194 $2,961 $2,704
Extraction/Distribution
Coal $1,995 $100 $2,095
Oil and gas $3,391 $830 $4,221
Total extraction/distribution finance $5,386 $930  $6,316 
TOTAL ALL PROJECTS $13,580 $3,891 $17,471

(a) This category includes financing for energy privatization and capacity expansion schemes which are dominated by fossil fuel-burning power plants not included in the carbon dioxide emission calculations.

Return to top
Return to table of contents

 

HOME | CONTACT SEEN | CONTRIBUTORS | INTERNSHIPS | LINKS | SITE MAP
SEEN is a project of the Institute for Policy Studies, Washington, DC and the Transnational Institute, Amsterdam