In its Business Plan FY25-30, Energy Sector Management Assistance Program (ESMAP) aims to support client countries on three overarching objectives: (i) ensure universal access to affordable, reliable, and modern energy services by 2030; (ii) accelerate the transition towards a sustainable, just, and decarbonized energy system; and (iii) ensure the resilience and adaptation of the energy sector to the growing impacts of climate change and other shocks. The Business Plan has two focus areas: energy access and energy transition. The energy access focus area helps World Bank clients achieve results on the ground and will employ three approaches: (i) catalytic incentives to facilitate private sector investments and connections, (ii) hands-on implementation support, and (iii) tailored solutions for all beneficiary groups. The energy transition focus area will be implemented through three complementary workstreams: (i) scaling up renewable energy, storage, and clean hydrogen; (ii) scaling-up energy efficiency and decarbonization of end-use sectors; and (iii) transitioning away from unabated fossil fuel. These workstreams will be supported by the Financial Innovation Window designed to provide last-resort project de-risking and incentives for innovation and resilient investment. All workstreams will support economic and leadership opportunities for women and excluded groups.
Authors
- Citation
- “ Energy Sector Management Assistance Program (ESMAP) . 2024 . ESMAP Business Plan, FY2025–30 . © Washington, DC: World Bank . http://hdl.handle.net/10986/42248 License: CC BY-NC 3.0 IGO . ”
- Collection(s)
- ESMAP papers
- DOI
- https://doi.org/10.1596/42248
- Identifier externaldocumentum
- 34395361
- Identifier internaldocumentum
- 34395361
- Pages
- 64
- Published in
- United States of America
- Report
- 193711
- Rights
- CC BY-NC 3.0 IGO
- Rights Holder
- World Bank
- Rights URI
- https://creativecommons.org/licenses/by-nc/3.0/igo
- UNIT
- Infra Energy Global Programs (IEEES)
- URI
- https://hdl.handle.net/10986/42248
- date disclosure
- 2024-10-15
- region geographical
- World
Files
Table of Contents
- ENERGY SECTOR MANAGEMENT ASSISTANCE PROGRAM 1
- ENERGY SECTOR MANAGEMENT ASSISTANCE PROGRAM 3
- Contents 5
- List of Figures Tables and Boxes 7
- Abbreviations 8
- THE EVOLVING GLOBAL CONTEXT 11
- EVOLVING WORLD BANK CONTEXT 13
- THE UNIQUE ROLE OF ESMAP IN THE GLOBAL ENERGY LANDSCAPE 15
- 3.1. A Brief History of the Energy Sector Management Assistance Program 15
- 3.2. ESMAPs Achievements FY202124 16
- 3.3. New ESMAP Objective 16
- 3.4. ESMAPs Updated Theory of Change and Proposed Areas of Focus 17
- 3.5. The Comparative Advantage of ESMAP 17
- 3.6. ESMAPs Operating Principles 19
- ESMAP FOCUS AREAS 21
- 4.1. Energy Access Electricity and Clean Cooking 21
- 4.2. Energy Transition 27
- 4.3. Foundations for Decarbonized Energy Systems 32
- ESMAP ORGANIZATIONAL EXCELLENCE 37
- 5.1. Communications 37
- 5.2. Advocacy Convening and Partnerships 38
- 5.3. Our Knowledge and Expertise 40
- 5.4. Managing Risks 40
- FINANCING THE ESMAP BUSINESS PLAN FY202530 42
- 6.1. Experience from the FY202124 Budget Cycle 42
- 6.2 Proposed Budget for the FY202530 Business Plan 44
- 6.3. Modular Approach to Recipient-Executed Budget Targets 45
