Project Details

Project Number LN3537-PAK
Project Name SUSTAINABLE ENERGY SECTOR REFORM PROGRAM - SUBPROGRAM 3
Sector/Thematic Area Energy
Financing Agency ADB
Modality A01
Description The Program will help the Government with the short-term stabilization measures and start the long-term restructuring for a sustainable power sector. The impact of the overall program will be a more reliable, sustainable, and secure energy sector that supports the country s economic growth. The outcome will be an improved reliability, sustainability, and affordability of the energy system. The programmatic approach and subprogram 1 were approved on 24 April 2014 in support of the 2013 National Power Policy of the Government of Pakistan, which seeks to build an affordable, reliable, sustainable, and secure energy sector to support the countrys economic growth. The program, fully coordinated with the International Monetary Fund (IMF) under its extended fund facility, takes a phased approach over multiple years to provide dynamic, long-term support to multidimensional reforms, with subprograms that match the government s budget cycle. The IMF completed its final review of the program in September 2016. The World Bank and Japan International Cooperation Agency (JICA) cofinanced subprograms 1 and 2, and Agence Francaise de Developpement (AFD) will cofinance subprogram 3, which is the third and final year of the programmatic approach and builds on the reforms initiated during previous subprograms.
Adaptation Finance (thousand USD) 0.0
Mitigation Finance (thousand USD) 20010.0
Total Project Climate Financing Amount (thousand USD) 20010.0
Mitigation Objective Climate components
Adaptation Objective Climate components
Region Asia