Accelerating Solar Water Pumping via Innovative Financing (WB-P161757)

Countries
  • Tanzania
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
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jan 16, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
United Republic of Tanzania
The holder of the loan, grant, or other investment.
Sectors
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 2.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 14, 2017

Disclosed by Bank Nov 2, 2016


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Project Description
The Project Development Objective is to support sustainable access to water in selected rural communities in Tanzania. Key Results include; i. Solar-powered water schemes installed (Target: 146 solar pumps) ii. Private financing leveraged (Target: USD 2.2 million) iii. Direct Project Beneficiaries (Number: 730,000) iv. CO2 emission offset (Tons of CO2) The proposed Project will bring direct benefits to about 730,000 residents of 146 rural villages. After successful completion of the proposed pilot Project, the activities are expected to be scaled to cover an additional 230 villages supporting 1,150,000 residents in the second phase, and thereafter roll out to 1,500 villages serving a total of 7,500,000 Tanzanians in third phase of the program.
Investment Description
  • World Bank (WB)
Contact Information
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