The World Bank and the International Monetary Fund on Sunday concluded a series of meetings saying their priority was to find ways wealthy nations could help developing countries meet their energy needs while protecting the environment.
The head of the World Bank, Paul Wolfowitz, said the bank''s development committee would discuss "options for increasing investments to help developing countries meet their energy needs while leaving a smaller environmental footprint".
Wolfowitz, an architect of the US-led invasion of Iraq, said there was an enormous need for energy in the developing world, where nearly one point six billion (b) people do not have access to electricity.
They''re also assessing a report examining how the international development community could reinforce good government practices and fight corruption.
Since taking over as bank president a year ago after serving as US deputy defence secretary, Wolfowitz has emphasised the need to fight corruption and has held up bank loans to several countries until they become more accountable.
On the world economy, the bank was expected to join in the assessment of the IMF and the Group of Seven industrialised countries that economic policy-makers need to remain vigilant against inflation and risks posed by rising oil prices, skewed trade and investment and bird flu.
The finance ministers and central bank governments gave the IMF, the world''s financial watchdog, the green light to remake the 184-nation institution so it can better prevent and cope with crises.
One suggested change would mean stronger policing of countries'' exchange-rate practices and expanding the IMF''s monitoring to emerging powers such Asia.
That is of key importance to the United States, which has a record 202 billion (b) dollars trade deficit with China.
The Bush administration long has prodded Beijing to let its currency float more freely with market forces.