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Accelerating Sustainable Energy Transition Program

Abstract*

The development objective of the Accelerating Sustainable Energy Transition Program for East Asia and Pacific is to help accelerate renewable energy scale up in the Association of Southeast Asian Nations (ASEAN) countries, including through regional power trade. The project comprises of three components. The first component is regional renewable energy policy support and climate financing; the second component is regional power trade; and the third...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To help accelerate renewable energy scale up in the ASEAN countries, including through regional power trade.

Key Details

Project Details

  • P181555

  • Active

  • Claudia Vasquez Suarez , Xiaodong Wang, Shinya Nishimura

  • ASEAN Centre for Energy

  • East Asia and Pacific

  • December 19, 2023

  • (as of board presentation)

    September 24, 2024

  • October 29, 2024

  • US$ 7010.00 million

  • ASEAN Centre for Energy

  • East Asia and Pacific

  • 2025

  • US$ 5.00 million

  • N/A

  • Substantial

  • June 30, 2029

  • TBD

  • BANK APPROVED

  • July 17, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 5.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 5.00
IBRD + IDA Commitment 5.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 7010.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Satisfactory 2025-04-04
Progress towards achievement of PDO Moderately Satisfactory 2025-04-04
Financial Management Moderately Satisfactory 2025-04-04
Monitoring and Evaluation Moderately Satisfactory 2025-04-04
Overall Implementation Progress (IP) Moderately Satisfactory 2025-04-04
Procurement Moderately Satisfactory 2025-04-04

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.