As it has for 30 years, the Energy Sector Management Assistance Program (ESMAP) is actively helping low- and middle-income countries meet their energy challenges and take advantage of new opportunities. This annual report looks at ESMAP's work in Fiscal Year 2012 with an emphasis on the program's four main focus areas: energy access, clean energy, energy efficient cities, and energy sector assessments and strategies. During this period, ESMAP continued its reorientation to better serve
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.
ESMAP has taken significant steps, in line with its new 2008-13 Strategic Business Plan, to extend its engagement with client countries to encompass the nexus of energy security, energy access, and climate change, mirroring the changing landscape of global energy challenges.
The Energy Sector Management Assistance Program (ESMAP) is a global knowledge and technical assistance program administered by the World Bank. Its mission is to assist low- and middle-income countries to increase know-how and institutional capacity to achieve environmentally sustainable energy solutions for poverty reduction and economic growth.
The hallmark of the Energy Sector Management Assistance Program, or ESMAP, is the promotion and support of innovation and forward thinking in the energy sector. In these times, finding new solutions to energy challenges has become even more important. In 2008, oil prices rose to over US$150 a barrel before declining again in anticipation of a global recession. Global climate change has taken center stage on the international agenda, and serious actions are needed to address it.
ESMAP 2003 HIGHLIGHTS
• Celebrated 20th anniversary as a joint World Bank-UNDP program
• 124 ongoing projects in more than 40 countries, up from 89 five years ago in 1998.
• 43 new projects launched with a cumulative budget of US$6.5 million, up from 29 new projects with a cumulative budget US$5.6 million in 2002.
• US$30.3 million in total funding of projects
• Launched three Calls for Proposals