Accelerating Sustainable and Clean Energy Access Transformation Madagascar (WB-P515164)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Madagascar
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
B
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
May 4, 2026
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
Government of Madagascar - Jiro sy Rano Malagasy (JIRAMA), and others
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Law and Government
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 250.00 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)
$ 909.52 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.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 25, 2026

Disclosed by Bank Feb 10, 2026


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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 the Program is to increase access to sustainable and clean energy in Madagascar and improve financial performance of JIRAMA.

ASCENT Madagascar is a Program for Results (PforR) designed to operationalize the Government's commitments under the National Energy Compact, which is Madagascar's roadmap to achieving the Mission 300 targets. The Operation will emphasize the dual priorities of utility viability and accelerated access expansion. It will contribute to improving the financial performance of the utility (JIRAMA) while providing support to expand electricity access to the grid. the program also supports government efforts to scale up decentralized renewable energy solutions for last mile access in rural areas through minigrids, off grid, standalone systems and productive use of energy solutions. It includes the promotion of clean cooking technologies to increase their access to households across the country. The Investment Project Financing (IPF) component of ASCENT Madagascar complements the PforR by financing investments, technical assistance, and institutional strengthening support to sectoral institutions and the Compact Delivery and Monitoring Unit (CDMU) that cannot be captured through disbursement linked indicators. This also includes a training and professional Integration program, Program Coordination and Implementation Support.

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.

Environmental risk is rated as Low as activities under the IPF component focus primarily on technical assistance, capacity building, monitoring and evaluation systems, and program coordination, rather than large scale civil works. The IPF component of the Program involves only finance investments and Technical Assistance (TA) that cannot be captured through DLIs including institutional capacity building. These activities may generate downstream risks. Minor environmental risks may arise from the use of office facilities, data systems, electronic equipment, and survey tools, including the generation of electronic waste, and from field level activities linked to monitoring, verification, and training. These risks are expected to be site specific, low in magnitude, and readily mitigated through good practices in waste management and occupational health and safety.

Social risk is rated as Moderate. The social risks associated with the IPF component are limited, as the activities consist of Technical Assistance (TA) Type 3, strengthening borrower capacity for CDMUs and sectoral institutions, along with institutional strengthening, analytical work, training, and implementation support to initiatives like the skills-to work program. The IPF finances no civil works, land acquisition, or direct community-facing investments. As a result, potential adverse impacts are expected to be minimal. The key social risks identified, whose risk profile is expected to range from low to moderate, include: (i) Labor and working conditions, including consultants to be recruited for the Multi Tier Framework ( MTF) surveys; (ii) potential exclusion of vulnerable groups, including during the surveys, along with elite capture of project benefits, particularly in the selection of beneficiaries for the Sub-component 2- skills to jobs program, which could potentially lead to conflict as well; (iii) SEA/SH risks, which are further described below; (iv) data privacy risks, related to the access and handling of the user data collected.

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

Total Project Cost: US$ 909.52 million
IDA Credit (Loan Commitment): US$ 250.00 million
Borrower/Recipient: US$ 659.52 million


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.

CONTACT POINT - World Bank

Task Team Leader: Monali Ranade
Title: Lead Energy Specialist
Email: mranade@worldbank.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

How it works

How it works