IFC Report Lights Path for Finance Sector to Capitalize on Sustainability June 1, 2006.
“The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has released a new report outlining the organization's best practices for integrating sustainability into its products, services, and investment choices. According to its 2005 Sustainability Report, entitled Choices Matter, nearly one-third of IFC employees were involved in these efforts in FY05 and 70% of clients surveyed said IFC adds value to their businesses through knowledge and support in good corporate governance, social, and environmental sustainability.”

World Bank Ramping Up Renewable Energy June 1, 2006.
“For the past year, the World Bank has been researching what it would take for the world to substantially reduce carbon dioxide emissions in the atmosphere, according to World Bank Energy Economist Gary Stuggins. The analysis is finding that renewable energy technology may be able to take the place of fossil fuels more quickly than previously believed as higher energy prices make these technologies more attractive. ...”