Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) Malawi
The World Bank board approved project received US$245.8 million from IDA. It includes a US$10 million clean cooking component, co-financed by US$5 million from IDA and US$5 million from ESMAP RETF. ASCENT Malawi will bring electricity to over 4 million people, electrify 1,280 schools and health facilities, and provide modern clean cooking solutions to 650,000 Malawians; it is expected to enable/mobilize at least US$34 million in private sector financing for the off-grid component alone.
