Yemen Emergency Electricity Access Project (WB-P163777)

Countries
  • Yemen
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
Bank Risk Rating
B
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
Apr 13, 2018
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 Nations Office for Project Services (UNOPS)
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 50.00 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 10, 2018

Disclosed by Bank Jan 25, 2018


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Project Description

The development objective of the project is to improve access to electricity in rural and peri-urban areas within the Republic of Yemen. The project has three components.

  1. Financing for off-grid solar. This component has two sub-component;
    1. Providing basic electricity supply to households. 
    2. Restoring electricity supply to critical services facilities. 
  2. Implementation support and market strengthening. UNOPS will contract technical service providers and NGOs to provide market strengthening activities, including inter alia
    1. an awareness campaign and consultations
    2. technical training and capacity building to firms along the solar supply chain to increase their reach and strengthen the job-creation aspect of the program;
    3. technical assistance to the financial sector to develop derisking mechanisms for commercial lending for solar;
    4. technical standard definition and dissemination, and establishment of testing centers in cooperation with local universities to enhance the technical standards in the industry; and
    5. support for recycling of batteries from the project as well as the market more generally to minimize the environmental risks from disposing hazardous materials.
Investment Description
  • World Bank (WB)
Contact Information

Borrower:
United Nations Office for Project Services (UNOPS)
Bana Kaloti
Director, Middle East Region
banak@unops.org


Implementing Agency:
United Nations Office for Project Services (UNOPS)
Bana Kaloti
Director, Middle East Region
banak@unops.org

 

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