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March 2013

 STORY HIGHLIGHTS•  Nearly 40 countries have enough geothermal potential to meet a significant proportion of their electricity needs.•  World Bank calls for a Global Geothermal Development Plan to bring geothermal power to millions in developing countries. •  Geothermal lending in 2012 was $336 million, almost 10% of the World Bank’s total renewable energy lending.March 6, 2013Over a thousand years ago, the Norse settler Ingólfur Arnarson named the capital of Iceland Reykjavik, or “smoky bay” in English, for what he thought was smoke rising from the ground.

Annual Report 2014-2015