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Table 2.4 Commitments to Grid-Connected Renewable Energy by Technology and Funding 2003–08($ millions)Technology IBRD IDA IFC MIGA GEF Carbon Finance, World Bank & IFC TotalWind 335.7 32.9 38.5 71.2 42.8 521.1Hydropower 849.4 825.8 358.7 225.5 0.4 182.3 2,442.2Geothermal 202.0 31.5 57.3 88.3 8.5 18.6 406.3Biomass 20.0 28.0 32.7 40.2 108.1 229.1Solar 142.4 142.4Source: IEG.Note: Unit of analysis is the project component. Excludes freestanding WBG analytic and advisory activities, IFC advisory services, and specialfinancing. Components that support multiple technologies are included in each relevant row, so column totals should not be used. GEF =Global Environment Facility; IBRD = International Bank for Reconstruction and Development; IDA = International Development Association;IFC = International Finance Corporation; MIGA = Multilateral Investment Guarantee Agency.Analytic, advisory, and technical assistance projectsThe WBG also conducts analytic, advisory, and technicalassistance outside of investment projects. Within theWorld Bank, many of these activities have been funded bytwo donor-supported programs resident in the Bank: theEnergy Sector Management Assistance Program (ESMAP)and the Asia Sustainable and Alternative Energy Program(ASTAE).Many of the WBG analytic, advisory, andtechnical assistance activities have beenfunded by separate donor-funded programswithin the Bank.ASTAE is focused on energy efficiency, scaling up useof renewable energy, and increasing access to energy; itspecifically aims for high leverage. In contrast to otheranalytic and advisory assistance and investment units,ASTAE tracks specific indicators on its projects andsets impact-based (rather than expenditure-based) targets,though tracking and attribution is difficult. With$6.2 million of disbursements for fiscal 2007–09, ASTAEclamied support for new renewable energy capacity (withinvolvement in 1.03 GW of capacity from direct projectsand 12.4 GW from framework, regulation, and investmentmechanisms), energy efficiency savings (1.6 terawatt-hoursdirect, 26.2 terawatt-hours indirect 2007–09), householdaccess (611,000 new households direct, 200,000 indirect),and avoided CO 2emissions (99 million tons direct, 1,003million tons indirect).IFC advisory services cover a diverse rangeof activities related to renewable energy andenergy efficiency.IFC’s advisory services cover a diverse range of activity,including some investments. In the 2005–08 renewableenergy/energy efficiency portfolio of $40 million, $25 millionwas in GEF-supported projects with explicit climate goals.The largest, comprising about one-third of total value, waslinked to an IFC investment project; 19 of the remaining 20were not. Some projects included broad-based training andcapacity building. The non-GEF projects were mostly small(median size of $130,000) and involved technical assistanceto a specific firm; almost half were linked to an existing orprospective investment.Table 2.5 Off-Grid Investment Projects ($ millions), 2003–08IBRD IDA IFC MIGA GEF Carbon finance World Bank & IFC TotalWind 4.1 23.9 35.0 18.4 0.0 81.4Hydropower, all 84.0 222.8 0.0 64.0 6.8 377.6Biomass, all types 0.0 71.5 140.4 1.8 30.8 35.0 279.5Solar 50.5 171.9 10.0 73.2 7.1 312.7Unknown off-grid 7.1 67.3 0.0 25.3 0.0 99.6Source: IEG.Note: Unit of analysis is the project component. Excludes freestanding WBG analytic and advisory activities, IFC advisory services, and specialfinancing. Individual components may appear in multiple rows if they support more than one technology, so column totals should not be used.GEF = Global Environment Facility; IBRD = International Bank for Reconstruction and Development; IDA = International Development Association;IFC = International Finance Corporation; MIGA = Multilateral Investment Guarantee Agency.Renewable Energy | 17