{"id":652016,"date":"2017-02-27T04:19:45","date_gmt":"2017-02-27T04:19:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/world-bank-rejects-non-profits-criticism-of-its-energy-program-in-egypt\/"},"modified":"2017-02-27T04:19:45","modified_gmt":"2017-02-27T04:19:45","slug":"world-bank-rejects-non-profits-criticism-of-its-energy-program-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/world-bank-rejects-non-profits-criticism-of-its-energy-program-in-egypt\/","title":{"rendered":"World Bank rejects non-profit\u2019s criticism of its energy program in Egypt"},"content":{"rendered":"

World Bank rejects non-profit watchdog\u2019s criticism of its energy program in Egypt: <\/strong>The World Bank Group is rejecting concerns<\/a> raised by non-profit watchdog Bank Information Centre<\/a> (BIC) over the impact of its development programs in Egypt on greenhouse gas emissions and the transition towards cleaner energy. The World Bank insists its engagement in Egypt \u201cis focused on eliminating extreme poverty and boosting shared prosperity in a sustainable manner.\u201d It says its engagement in Egypt is focused on moving toward cleaner energy and reducing the energy intensity of Egypt\u2019s GDP, and has \u201ca large program of renewable energy reform, including policy support, and technical assistance.\u201d The bank\u2019s development policy financing reform program \u201csupports the use of economically priced gas, which is the cheapest way Egypt can meet demand for electricity and has potential to substantially reduce GHG emissions. It does not promote the use of coal.\u201d The World Bank says that by addressing energy supply issues in Egypt, it has the potential to dramatically improve Egypt\u2019s fiscal situation and reduce greenhouse gas emission. BIC says its mission<\/a> is to advocate \u201cfor the protection of rights, participation, transparency, and public accountability in the governance and operations of the World Bank Group and regional development banks.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

World Bank rejects non-profit watchdog\u2019s criticism of its energy program in Egypt: The World Bank Group is rejecting concerns raised by non-profit watchdog Bank Information Centre (BIC) over the impact of its development programs in Egypt on greenhouse gas emissions and the transition towards cleaner energy. The World Bank insists its engagement in Egypt \u201cis […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652016","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2e8c6c89-3afa-462d-935e-1516f8c271d9","order":"0","is_powered_by":true,"section_story_id":"d14df9b4-60cf-4867-9efc-d172fa726744","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652005],"teaser":"","voice_url":""},"yoast_head":"\nWorld Bank rejects non-profit\u2019s criticism of its energy program in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/world-bank-rejects-non-profits-criticism-of-its-energy-program-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank rejects non-profit\u2019s criticism of its energy program in Egypt\" \/>\n<meta property=\"og:description\" content=\"World Bank rejects non-profit watchdog\u2019s criticism of its energy program in Egypt: The World Bank Group is rejecting concerns raised by non-profit watchdog Bank Information Centre (BIC) over the impact of its development programs in Egypt on greenhouse gas emissions and the transition towards cleaner energy. 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