ESMAP Newsletter | April 2024

  HIGHLIGHTS - ESMAP AT THE WB/IMF SPRING MEETINGS

Energizing Africa: What Will It Take to Accelerate and Improve Lives? 

At the current pace, 660m people will remain w/out access to electricity in 2030.

Watch the April 17 #PoweringAfrica event at our #WBGmeetings where The World Bank President Ajay Banga, and Akinwumi Adesina, President of the African Development Bank (AfDB), announced a new commitment to respectively connect 250 and 50 million new people to electricity. 

At this event, entitled Energizing Africa: What Will It Take to Accelerate Access and Improve Lives? the World Bank Group, development partners, private sector representatives, and country ministers, discussed the solutions and investments needed to connect millions more Africans to electricity and transform African economies. 
 

» READ THE PRESS RELEASE | WATCH THE EVENT 

Clean Cooking at the Heart of Energy Access 

Clean cooking, the highest energy use for low-income groups, must be considered as a central part of energy planning, regulation, and investment decisions, particularly in low-income areas. 
 

In 2019, to support clean cooking acceleration, the World Bank’s ESMAP launched the Clean Cooking Fund to help 200 million people gain access to clean cooking. The Clean Cooking Fund has supported 27 countries and seven regions through grants and technical assistance and has developed a strong investment pipeline. 
 

At the Knowledge Cafe, René van Hell, Dr. Kandeh Yumkella, Alfonso Chikuni, Dymphna van der Lans, Ed Brown, and Chandrasekar Govindarajalu discussed the challenges of creating viable markets for clean cookers in developing countries. 

» LEARN MORE | WATCH THE EVENT

Power Utilities for The Energy Transition

The success of the energy transition hinges on strong power utilities, which generate, transmit, and distribute the electricity that lights up homes and powers businesses. These utilities play a crucial role in building modern economies and reversing climate impacts. 

ESMAP’s Utilities for the Energy Transition program supports utilities in the journey to harness the opportunities to deploy digital and decentralized technologies, design and adopt new business models, leverage the value of data, build capacity of sector practitioners, enhance regulatory frameworks and policy, and enable the emergence of new service providers in the energy sector. This knowledge cafe event was organized by the Utility Knowledge Exchange Platform (UKEP), in collaboration with ESMAP. UKEP is a World Bank initiative aimed at facilitating partnerships and knowledge exchange between power utilities.

» WATCH THE EVENT | LEARN MORE ABOUT UKEP

  BLOGS

Thinking Beyond the Traditional Power Grid – Making Universal Access to Electricity by 2030 a Reality 

With support from leaders across the Distributed Renewable Energy (DRE) space, the time is now to increase collaboration and align our collective investments to overcome the remaining bottlenecks and accelerate DRE adoption in low- and middle-income countries. 

» READ THE BLOG

As Colombia Leads on Renewables, Boosting its Clean Hydrogen Industry is the Next Step. The World Bank is Ready to Help
 

Colombia is in an impressive leadership position: the country generates as much as 75 percent of its electricity from renewable energy. The World Bank is ready to help Colombia take the next step by using some of its low-cost solar and wind energy to produce hydrogen, a powerful gas critical in the fight against climate change.

» READ THE BLOG

  PUBLICATIONS

Political Economy Analysis and Communications for Energy Subsidy Reform | Approaches and Insights from Recent Technical Assistance

This report takes stock of political economy analysis (PEA) and communications in the context of country-specific technical assistance activities, supported by ESMAP, on energy subsidy reforms. 

» DOWNLOAD THE REPORT | LEARN MORE ABOUT ESMAP’S ENERGY SUBSIDY REFORM PROGRAM

Power of Flexibility | Facilitating the Energy Transition with Hybrid Hydropower Solutions

The objective for a hydropower hybrid is to take maximum advantage of the integrated technologies by maximizing their utilization, the benefits they bring, and their efficiency. It is widely known that stand-alone hydropower plants and other technologies can help manage the variability of renewable energy (VRE) in the power system. However, with increasing shares of VRE, there is also a growing importance of understanding the advantages to manage this variability before power is injected into the power system.

» DOWNLOAD THE REPORT 

Scaling Hydrogen Financing for Development | Executive Summary - Spanish

This report unveils a unique and in-depth proposal to transform ideas into attractive investment projects. It highlights how policy and financial risk mitigation mechanisms play a critical role in slashing the funding gap and reducing the cost of hydrogen generation.

The findings promise to boost clean hydrogen lighthouse projects to revolutionize this multi-billion-dollar industry, so that emerging markets and developing countries can successfully participate in this nascent sector.» SPANISH | ENGLISH

REPORT: Launch of Women in Energy Network-Africa (WEN-Africa)
 

The objective of WEN-Africa is increasing the overall female professional’s participation in the energy sector with special focus on technical and leadership roles in the Science, Technology, Engineering and Mathematics (STEM) fields.

» DOWNLOAD THE REPORT

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For more information visit our website: www.esmap.org
 

For suggestions and comments about the newsletter, contact Marjorie K. Araya
 

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