World Bank Managing Director Sri Mulyani Indrawati called on donors, multilateral banks, governments and the private sector to join a Global Geothermal Development Plan (GGDP) to better manage and reduce risks of exploratory drilling to bring what is now a marginal renewable energy source into the mainstream, and deliver power to millions.
Sri Mulyani launched the plan at the Iceland Geothermal Conference in Reykjavík. Already, the World Bank and Iceland are working together under a "Geothermal Compact" to support surface exploration studies and technical assistance for countries in Africa's Rift Valley.
Read More.....
