Project Details

Project Number LN4159-PAK
Project Name ENERGY SECTOR REFORMS AND FINANCIAL SUSTAINABILITY PROGRAM (SUBPROGRAM 2)
Sector/Thematic Area Energy
Financing Agency ADB
Modality A02
Description The programmatic approach and subprogram 1 were approved on 6 December 2019 to address financial, technical, and governance deficits in the energy sector that adversely impact sector sustainability and affordability, and Pakistan's fiscal balance and macroeconomic stability. Subprogram 2 aims to (i) secure financial sustainability by controlling the accumulation of and reducing circular debt, (ii) strengthen governance by implementing a road map for a competitive electricity market, separating the policy and regulatory functions in the hydrocarbon segment, appointing appellate tribunals, implementing multiyear tariffs, and unbundling the gas segment, and (iii) reinforce infrastructure improvements through integrated planning to facilitate public and private sector investment across the energy sector
Adaptation Finance (thousand USD) 0.0
Mitigation Finance (thousand USD) 87000.0
Total Project Climate Financing Amount (thousand USD) 87000.0
Mitigation Objective Climate components
Adaptation Objective Climate components
Region Asia