Early Warning System

Regions

East Asia and Pacific

Geographic location where the impacts of the investment may be experienced.

Countries

Brunei
Cambodia
Indonesia
Laos
Malaysia
Myanmar
Philippines
Singapore
Thailand
Vietnam

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

World Bank (WB)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Sep 24, 2024

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

ASEAN Centre for Energy

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Energy

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Grant

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 5.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Project Cost (USD)

$ 7,010.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Bank Documents

Other Related Projects

Primary Source

Original disclosure @ WB website

Updated in EWS Mar 6, 2025

Disclosed by Bank Dec 19, 2023

Contribute Information
Can you contribute information about this project?
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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the objective of this project is to help accelerate renewable energy scale up in the ASEAN countries, including through regional power trade.

Pillar One: Enabling policies and strengthened institutions.

Pillar Two: Expanded and more flexible energy systems.

Pillar Three: De-risking clean energy investments.

Early Warning System Project Analysis

For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The Environmental and Social Risk Classification (ESRC) for the proposed MPA is rated as Substantial, given the typical environmental and social (E&S) risks associated with the program typologies. These include: (i) regional technical assistance to strengthen regional cooperation and increase planning and execution capacity of priority projects; and (ii) country-specific physical investments and technical assistance to strengthen the electricity grid, increase the capacity of transmission lines, increase electricity access, and scale up renewable energy generation. The ESRC for the TA project implemented by ACE and the investment project in Papua New Guinea is Substantial. The ESRC for the project in the Republic of Marshall Islands is Moderate.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

World Bank (WB)

A proposed grant in the amount of SDR 3.8 million (US$5 million equivalent).

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

ASEAN Centre for Energy (ACE) is an intergovernmental organization within the structure of the Association of Southeast Asian Nations (ASEAN). Its mission is to accelerate the integration of energy strategies within ASEAN by providing relevant information and expertise to ensure the necessary energy policies and programmes are in harmony with the region’s economic growth and environmental sustainability.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
-	-	-	-	ASEAN Centre for Energy	Client	-

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

World Bank

Claudia Ines Vasquez Suarez
Lead Energy Specialist, Program Leader

Xiaodong Wang
Lead Energy Specialist, Program Leader

Borrower/Client/Recipient

ASEAN Centre for Energy
Nuki Agya Utama
Executive Director
utama@aseanenergy.org

Implementing Agencies

ASEAN Centre for Energy
Nuki Agya Utama
Executive Director
utama@aseanenergy.org

ACCESS TO INFORMATION

To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission

ACCOUNTABILITY MECHANISM OF THE WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint