With support from ESMAP, a new World Bank electrification project will leverage private sector investments in solar mini grids and standalone solar systems to provide electricity to 2.5 million people and 70,000 micro, small, and medium…
The Challenge
Approximately 13% of global CO2 emissions are linked to the use of subsidized fossil fuels. Subsidies are expensive, lead to overuse of fossil fuels, can deter private sector investment, and undermine climate change…
Solar measurement data, regional least-cost planning, and pre-feasibility analyses supported by ESMAP have laid the groundwork for a large World Bank investment in West Africa to mobilize private sector financing in solar energy.
ESMAP has supported a World Bank project to improve Pakistan’s energy security, scale up solar power capacity, and reach 200,000 low access households with solar home systems.
