ESMAP Annual Report 2015 highlights geothermal potential and supported projects
In its recently released 2015 Annual Report, the ESMAP programme of the World Bank highlights geothermal energy as underutilized resource and reports on some of the supported geothermal projects.
The Energy Sector Management Assistance Program (ESMAP) of the World Bank has now released its Annual Report 2015.
The report takes a comprehensive look at ESMAP’s programs, activities, and results for Fiscal Year 2015. The first chapter highlights our work for the year, followed by chapters each giving an overview of FY2015 activities and results in ESMAP’s main program areas: clean energy, energy access, energy efficient cities, and energy assessments and strategies. The report also includes sections on special initiatives such as the SIDS DOCK Support Program for small island developing states; the Africa Renewable Energy and Access Program (AFREA); Gender and Social Inclusion in the Energy Sector; and Results-Based Approaches to energy sector development.
In an own chapter on “Removing bottlenecks to geothermal energy development”, the report points out “geothermal energy [as] an underutilized resource with the potential to deliver renewable and reliable electricity and heat for many low- and middle-income countries.” It then describes the various programs supported by ESMAP and the Global Geothermal Development Plan (GGDP), an initiative by ESMAP and other multilateral and bilateral development partners to transform the energy sector of developing countries by scaling up the use of geothermal power.
Chapter 10 covers Asia Sustainable and Alternative Energy Program (ASTAE) developments for the fiscal year, including regional and country-specific highlights and achievements. The final chapter (Chapter 11) provides a financial overview of the three energy trust funds covered by the report: ESMAP, ASTAE, and SIDS DOCK.
The annexes to the annual report include: proceedings of the trust fund donor meetings; ESMAP and ASTAE results, including outcomes and outputs achieved and World Bank Group operations informed; a list of completed, new, and ongoing activities; and publications completed during the fiscal year.
To download the report click here (pdf).