ESMAP has supported a World Bank project to improve Pakistan’s energy security, scale up solar power capacity, and reach 200,000 low access households with solar home systems.
An innovative financing mechanism designed with ESMAP’s help enables energy cost savings to be reinvested in energy efficiency and drives a World Bank project to improve energy efficiency in health sector buildings.
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…
