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…
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…
ESMAP helped establish the African Mini Grid Developers Association, the first ever association in the continent to promote mini grid solutions for rural and off-grid consumers and work with governments to integrate mini grids into…
The World Bank Group has announced a $5 billion global program for Accelerating Battery Storage for Development. With support from ESMAP, the program will help fast-track investments in battery storage with the goal to finance 17.5…
