This Annual Report is a comprehensive overview of ESMAP's work in Fiscal Year 2011, including highlights and achievements under ESMAP's reconfigured program areas: Clean Energy, Energy Access, the Energy Efficient Cities Initiative, and the Energy Assessments and Strategy Program.

The report also looks at ESMAP's current and future direction in FY2012-13, new partnerships and initiatives, and ESMAP-supported activities undertaken by the World Bank's regional units. The report includes a financial review for FY2011, results of and outputs from ESMAP activities in FY2009-11, and a list of World Bank lending operations influenced by ESMAP analytical and technical advisory work in FY2009-11.