Project profile — Energy Transition Program



Overview 

CA-3-P006167001
$275,000,000
IBRD Trust Funds - World Bank (44001)
2020-03-29 - 2043-03-20
Operational
Global Affairs Canada
MFM Global Issues & Dev.Branch

Country / region 

• Africa, regional (20.00%)
• America, regional (30.00%)
• Asia, regional (50.00%)

Sector 

• Energy Generation, Renewable Resources: Energy generation, renewable sources - multiple technologies (23210) (82.00%)
• Forestry: Forestry development (31220) (18.00%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (principal objective)
• Participatory development and good governance (not targeted)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (principal objective)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Disaster Risk Reduction(DRR) (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• Nutrition (not targeted)
• ICT as a tool for development (not targeted)

Description 

This project aims to slow the expansion of coal in the electricity sector by developing low-carbon alternatives (including solar, wind, and geothermal) and improving energy efficiency and grid upgrades in targeted countries. The Energy Transition Program is one of four programs under the Canada-World Bank Clean Energy and Forests Climate Facility (CCEFCF). This program financing is aimed at strengthening key institutional actors’ capacity to design regulatory incentives to boost energy efficiency and renewable energy markets. This Program provides funding alongside credit financing from the International Bank for Reconstruction and Development or the International Development Association. Canada's contribution to the Program expects to leverage more than US$400 million in private and public investment and reduce greenhouse gas emissions by more than 22 million tonnes.

Expected results 

The expected outcome for this project is increased renewable energy and improved energy efficiency in countries with high-levels of coal-generated electricity.

Results achieved 

N/A

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Reimbursable grant
Collaboration type Bilateral
Type of aid Project-type interventions
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