Country Energy Sector Vulnerability Assessments Program : Helping Countries Prepare an Effective Energy Sector Response
Emerging energy transitions, recently triggered by the global financial crisis, highly volatile energy prices, and climate change, have created a turbulent environment for the energy sector, testing governments and nongovernment actors around the w...
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| Format: | ESMAP Paper |
| Language: | English en_US |
| Published: |
Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/01/20479622/country-energy-sector-vulnerability-assessments-program-cesvap-helping-countries-prepare-effective-energy-sector-response http://hdl.handle.net/10986/20949 |
| Summary: | Emerging energy transitions, recently
triggered by the global financial crisis, highly volatile
energy prices, and climate change, have created a turbulent
environment for the energy sector, testing governments and
nongovernment actors around the world. Energy industries in
developing countries are particularly exposed to these new
sources of vulnerability. Governments are constrained in
cushioning the adverse impacts due to limited institutional
capacities and fiscal resources. The Country Energy Sector
Vulnerability Assessments Program (CESVAP) is comprised of
three components: power sector vulnerability assessments,
help countries assess the impact of the global financial
crisis on priority investments in the power sector. Oil
price volatility assessments, help countries assess the
effects of oil price increases and heightened price
volatility, including their ability to absorb price shocks.
Climate vulnerability assessments, help countries assess
their energy sector vulnerability in the face of climate
change, including changing average temperatures and
precipitation, increasing variability, and extremes. ESMAP s
energy assessments focus on the key components of successful
energy policy and practices. ESMAP s goal is to help
countries build institutional capacity and know how to
develop and implement policy reform measures and robust
strategies to meet short-, medium-, and long-term challenges
to their national energy systems. ESMAP will use the
insights gathered from the vulnerability assessments to help
mobilize support for client countries in increasing their
resistance to external crises. |
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