| Project Detail |
Project Name
Supporting Financial Sustainability and Energy Transition
Project Number
58455-001
Country / Economy
Regional
Cambodia
Cook Islands
Fiji
Micronesia, Federated States of
Kiribati
Nauru
Niue
Palau
Papua New Guinea
Marshall Islands
Samoa
Solomon Islands
Timor-Leste
Tonga
Tuvalu
Vanuatu
The proposed TA will support energy transition and renewable energy integration in the Pacific and Southeast Asia, while ensuring the financial sustainability of the sector. Accelerating energy transition through investments in intermittent and variable renewable energy requires a significant shift in the design, functions, capacity, and operations of the power transmission and distribution systems, hence urgent and thorough review and reassessment of the strategy, technical requirements, and sector financial sustainability. This TA will promote sustainable development, reduce carbon emissions, and enhance energy security, contributing to the broader goals of fiscal stability and inclusive growth in the participating countries. |
