SUSTAINABLE ENERGY DEVELOPMENT AND ACCESS PROJECT (WB-P165183)

Countries
  • Micronesia
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
Active
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.
Borrower
Government of Micronesia
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 Amount (USD)
$ 30.00 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)
$ 30.00 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 Jan 11, 2019

Disclosed by Bank Jun 26, 2018


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Project Description

According to bank documents, the proposed project will address the eight KSI identified above by (a) improving reliability of electricity supply in the state of Pohnpei; (b) expanding access to electricity in the state of Chuuk; (c) scaling up RE generation in Chuuk, Yap, and Kosrae; (d) supporting institutional strengthening and capacity building in the energy sector; and (e) providing TA and project management.

Investment Description
  • World Bank (WB)
Contact Information
World Bank
Leopold Sedogo
Senior Energy Specialist
Takayuki Doi
Sr Power Engineer

Borrower/Client/Recipient
Federated States of Micronesia
Department of Finance and Administration (DoFA)
Sinha Lawrence, Secretary
lawrence.sihna@gmail.com

Implementing Agencies
Department of Resources and Development (DR&D)
Hubert Yamada, Assistant Secretary
huberty08@yahoo.com

Marion Henry, Secretary
marionh@fsmrd.fm


ACCOUNTABILITY MECHANISM OF 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. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.