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IFC Philippines’ Sustainable Energy Finance program has helped client banks identify and develop nearly 300 energy projects in their pipeline, 87 of which were financed by the banks. These loans saved nearly 100,000 megawatt hours of electricity per year and generated renewable energy of 843,613 megawatt hours per year. The program, supported by the Global Environment Facility and the Clean Technology Fund, is implemented in partnership with Bank of the Philippine Islands, BDO Unibank Inc., China Banking Corp., and BPI Globe BanKO Inc.
Led by Bloomberg Philanthropies, in partnership with the Powering Past Coal Alliance, and powered by leading data and research organizations, the Bloomberg Global Coal Countdown serves as the primary online resource for monitoring the global efforts to phase out coal. The Bloomberg Global Coal Countdown aggregates data from organizations including Global Energy Monitor, the Center for Global Sustainability at the University of Maryland School of Public Policy, the Centre for Research on Energy and Clean Air, Ember, and E3G. Access to free and transparent data on the status of coal plants around the world is essential to accelerating and tracking the countdown to a clean energy future. The Bloomberg Global Coal Countdown provides a look into the national progress away from coal, highlighting the countries that are leading the way.
The project IKI JET aims at supporting and accelerating just energy transitions (JET) away from coal to renewable energy and other sustainable economic activities in the Global South, contributing to a reduction of Green House Gas (GHG) emissions.
This study addresses strategies for promoting sustainable end-use electricity efficiency activities within the framework of the Philippines power sector reform and the anticipated demand management activities. The main objective of the study is to help the Philippines government to develop sustainable end-use energy conservation and efficiency activities (i.e., an end-use energy efficiency market) by using a combined demonstration project and training program that would act as a 'catalyst' for the emergence of an end-use energy efficiency market. The design of the recommended demonstration project will take into account the past experience of energy conservation and efficiency improvement activities in the country, the ongoing power sector reform, and interest among government and utility company officials in managing electricity demand.
The objective of the proposed project is to increase the supply of electricity to the national grid from renewable energy sources on a commercially, environmentally and socially sustainable basis. The main components are following : Component 1. Renewable Energy Investments Sub-component 1.1 Credit to Support RE Investment Sub-component 1.2 TA for Investment Implementation Component 2. Regulatory Development Component 3. Pipeline Development
The objective of the REDP is to increase the supply of electricity to the national grid from renewable energy sources on a commercially, environmentally and socially sustainable basis. The REDP has three components: (i) Investment Implementation; (ii) Regulatory Development and (iii) Pipeline Project Development. The investment component provides refinancing facility for renewable subprojects, in which nine small hydropower sub-projects with total capacity of 125.7 MW were approved and being implemented. GDE is implementing several technical assistance activities through two other components to strengthen the capacity of government agencies and stakeholders for developing the sizable renewable energy resources in Vietnam.
Pre-feasibility study on accelerated coal power retirement in targeted DMCs completed.
Terms of reference and scope of full feasibility study for a pilot CRF prepared
At COP26, Vietnam pledged to a net-zero target to reach carbon neutral emissions by 2050 and signed the Global Coal to Clean Power Transition Statement. The country commits to end all new investment in coal power generation, scale up clean power generation, and phase out coal power by the 2040s. In this context, the World Bank is expected to support the MOIT to develop a road map to phaseout coal-fired power plants suitable to Vietnam's conditions and resources. Hence the Bank is seeking a consulting firm (the Consultant) with excellent experience in Vietnam’s power sector and coal-fired power to conduct the assignment. The assignment will consist of the following contents:i. Vietnam’s power system and international best practices on coal phasing-outii. Power development scenarios and transition pathways consist of the analysis on power system, technologies, expected GHG reduction, socio-environmental issues, economic cost & benefits and legal aspects in relation to coal power phasing-out or repurposing. iii. Proposing a coal phasing out roadmap. iv. Public consultation and stakeholder engagement.
The WBG reserves the right to publicly disclose contract award information, including but not limited to, name of company receiving the award, brief description of services, and contract award amount, for any contract award valued over US$250,000. Offeror's proposal and contractual documents will remain confidential and therefore not subject to disclosure.
The World Bank reserves the right to reject any or all responses without recourse.