| 268 |
ccid_0347 |
Energy Sector Management and Assistance Project |
mainly mitigation |
energy |
|
|
https://www.esmap.org/ |
1983 |
The World Bank Group (WBG) has committed $1 billion for a first-of-its kind program to accelerate investments in battery storage for electric power systems in low and middle-income countries. This investment is intended to increase developing countries’ use of wind and solar power, and improve grid reliability, stability and power quality, while reducing carbon emissions.
The WBG financing is expected to mobilize another $4 billion in concessional climate financing and public and private investments. The program aims to finance 17.5 gigawatt hours (GWh) of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries.
The program was developed by the Energy Sector Management Assistance Program (ESMAP) and Energy Climate Finance teams, which continues to lead its implementation working with World Bank regional energy units and the International Finance Corporation (IFC). |
|
|
|
|
|
|
SDG explicitly mentioned |
|
|
|
|
|
SDG explicitly mentioned |
|
|
|
|
|
|
|
|
|
|
|
[1.3 billion funding for the period 2020-2024] |
|
|
["Montenegro", "Brazil", "India", "Uzbekistan", "Mexico", "Egypt", "Ethiopia", "Palestine, State of", "Solomon Islands", "Uganda", "Lao People's Democratic Republic (the)", "Kyrgyzstan", "Kenya", "Nigeria", "Haiti", "Nepal", "Zambia", "Benin", "Burkina Faso", "C\u00f4te d'Ivoire", "Gambia (the)", "Ghana", "Guinea", "Guinea-Bissau", "Liberia", "Mali", "Niger (the)", "Senegal", "Sierra Leone", "Togo"] |
|
["Austrian Development Agency", "Federal Ministry Republic of Austria", "Federal Ministry for Economic Cooperation and Development", "Foreign Commonwealth and Development Office", "Federal Department of Economic Affairs", "Iceland", "Ministry of Foreign Affairs", "Norwegian Ministry of Foreign Affairs", "Ministry of Foreign Affairs Denmark", "European Commission", "World Bank Group", "Ministry of Finance", "The Rockefeller Foundation", "Federal Minstry for the Environment Nature Conservation and Nuclear Safety", "Climate Works Foundation", "Global Affairs Canada", "Norad", "Department for Business Energy and Industrial Strategy"] |
[World Bank Group]_ior_int |
{"ngv": ["Montenegro", "Brazil", "India", "Uzbekistan", "Mexico", "Egypt", "Ethiopia", "Gaza", "Solomon Islands", "Uganda", "Lao", "Kyrgyzstan", "Kenya", "Nigeria", "Ha\u00efti", "Zambia", "Benin", "Burkina Faso", "C\u00f4te d\u2019Ivoire", "Gambia", "Ghana", "Guinea", "Guinea-Bissau", "Liberia", "Mali", "Niger", "Senegal", "Sierra Leone", "Togo"], "ngv ": ["Nepal"]} |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|