Retrofitting Coal-Fired Power Plants in Middle-Income Countries: What Role for the World Bank?

July 2014

A new report by Nigel Purvis, Abigail Jones, Cecilia Springer and the Brookings Institution explores whether the World Bank’s coal-fired power plant lending policy should also cover projects designed to retrofit existing plants in middle-income countries — by adding scrubbers and other technologies that increase efficiency and reduce air pollution. In middle-income countries that do not mandate coal retrofits, the World Bank could play a helpful role in financing improvements, particularly as part of broader policy reforms designed to reduce climate pollution and increase efficiency across the power sector.