Newsletter

ESMAP Newsletter | February 2024

  HIGHLIGHTS

Mini Grid Solutions for Underserved Customers: New Insights from Nigeria and India 

In this comprehensive ESMAP book, the authors examine how undergrid mini grids - solar hybrid–powered mini grids built and operated by private companies in areas already connected with the main electricity grid but facing poor technical and commercial service - can create win-win-win outcomes for retail customers, distribution enterprises, and mini grid developers.  

» Download the Report 

TDB and the World Bank to Accelerate Access to Sustainable and Clean Energy in Africa 

As a part of the ESMAP supported Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) program, the World Bank has extended a facility of close to $300 million to the Eastern and Southern African Trade and Development Bank (TDB), to support distributed renewable energy (DRE) and clean cooking private sector projects in eligible countries of the World Bank’s International Development Association (IDA) that are TDB member states.
 

» Read the Press Release 

  FEATURE STORY

Empowering the Future of Kazakhstan's Energy Sector

Kazakhstan is embarking on a transformative initiative that aims to ensure the security and reliability of its energy supply. The World Bank, with ESMAP's support, is working with the Government of Kazakhstan on a comprehensive energy subsidy reform package. 

» Read the Full Story

  PUBLICATIONS

Scaling Hydrogen Financing for Development

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.

» Download the Report | Download Report Overview

Report Series

As the Energy sector goes through disruptive technological transition, new opportunities are emerging as the cornerstones of economic development in the MENA region. The World Bank MENA energy team has recently published three reports under phase 2 of the umbrella project, “The Disruptive Energy Transition and Opportunities for Job Creation in the Middle East and North Africa.” This project, made possible by funding from ESMAP and CSF, was initiated in 2019 in response to requests from various Middle East and North Africa governments to explore the nexus between the clean energy transition and employment. Below is a short para about the publications and project.

• The first phase analyzed the net employment impacts of RE and EE transition using the Clean Energy Employment Assessment (CEEAT) Tool created under the ASA and applied it to Morocco, Egypt, and Yemen.

• The second phase analyzed strategies to develop the green skills needed for the millions of new jobs in RE and EE in Morocco, Egypt, and Tunisia.

» Download the Report

  IN THE NEWS

$300 m to the Eastern and Southern Africa Trade and Development Bank to Accelerate Access to Sustainable and Clean Energy 
 

By Modern Diplomacy Online
 

As a part of the Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) program, which is expected to provide access to electricity to up to 100 million people in Africa over the next seven years and contribute to achieving SDG 7.

» Read the Article

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