International Bank for Reconstruction and Development
One of the biggest sticking points at the U.N Climate Change Conference in Copenhagen has been the role of developed nations in helping developing nations foot the bill to use more environmentally friendly sources of energy.
The International Finance Corporation (IFC)--otherwise known as the private arm of the World Bank--has suspended funding in the palm oil sector.
China's Suntech Power Holdings, a manufacturer of solar photovoltaic modules, is closing in on a $50 million loan from the World Bank Group's International Finance Corporation.
Given the unforgiving amount of sunlight that Africa recieves everyday it makes it a potentially great place for the development of a large Concentrated Solar Power (CSP) industry.





