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Table A.4Grid-Based Biomass/Biogass/Landfill Gas/Methane Commitments 2003–08 by Technology andProduct Line/Funding SourceTraditional financingBlendedactivitiesNew financingGuaranteesIBRD standaloneIDA standaloneIFCTotaltraditionalfinancingIBRD -GEF-carbon financeblendIDA -GEF-carbon financeblendTotalblendedfinancingGEF standalone, includingmed sizeWorld Bank carbonfinanceIFC-managed carbonfinanceTotal newfinancingTotalBiogas 2.8 2.8 40.2 40.2 5.8 4.2 10.0 53.0Biomass 39.7 39.7 20.0 20.0 48.9 21.0 69.9 129.6MunicipallandfillBiomassunknown18.4 18.4 18.428.0 28.0 0.0 28.0Source: IEG.Note: Unit of analysis is the project component. Excludes freestanding WBG AAA and IFC advisory services, and “special financing.”GEF = Global Environment Facility; IBRD = International Bank for Reconstruction and Development; IDA = International DevelopmentAssociation; IFC = International Finance Corporation.Figure A.1Comparative Return on Equity and Economic Rate of Return for Different Technologies0.450.40.35Return on equity0.30.250.20.150.10.0500 0.05 0.1 0.15 0.2 0.25 0.3 0.35Economic rate of returnHydroWindSource: IEG, based on project documents.Note: This comparative analysis does not represent actual or predicted performance of the projects, because of the following standardized assumptions:lifetime 30 years; tariff 6 cents/kWh; toll to grid 0.2 cent/kWh; no carbon finance or other incentives. Financing structure: interest rate8 percent; grace period 2 years; maturity 10+ grace years; debt/equity 2.3; no local inflation; no hard currency inflation; stable exchange rate.Income tax rate 33 percent, capital gain tax rate 10 percent, VAT 18 percent; depreciation 10 years, 95 percent of total value at 10 percent rate.Appendix A: Renewable Energy Tables and Figures | 91