Energy Sector Management Assistance Program Annual Report 2021
During this period, ESMAP focused its efforts on addressing three compounded challenges facing developing countries: the COVID crisis; the urgent need to decarbonize; and achieving universal access to electricity. To assist clients with their COVID...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/615511640189474271/Energy-Sector-Management-Assistance-Program-ESMAP-Annual-Report-2021 http://hdl.handle.net/10986/37888 |
| Summary: | During this period, ESMAP focused its
efforts on addressing three compounded challenges facing
developing countries: the COVID crisis; the urgent need to
decarbonize; and achieving universal access to electricity.
To assist clients with their COVID-19 response and recovery,
ESMAP supported the sustainable electrification of health
facilities, the provision of climate-friendly cold chains,
and the establishment of a relief fund for off-grid solar
companies in Africa. ESMAP’s activities to accelerate the
global transition to low-carbon energy and to secure
universal access to energy have centered on the just
transition away from coal, and ways to support the rapid
deployment of renewables, including mobilization of climate
finance through initiatives such as the Cooling Facility and
the Sustainable Renewables Risk Mitigation Initiative
(SRMI). In addition to the dynamic response to these
critical global issues, ESMAP has carried on its fundamental
role in implementing its business plan based on client demand. |
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