World Bank and UN to restore electricity to over one million YemenisStaff Writer | April 30, 2018
The World Bank and the United Nations Office for Project Services (UNOPS) signed an agreement today for a $50 million project to improve access to electricity in rural and peri-urban areas in Yemen.
Energy A booming solar industry
The agreement was signed at World Bank headquarters in Washington by the World Bank Country Director for Yemen, Egypt, and Djibouti, Dr. Asad Alam, and Bana Kaloti, the UNOPS Director for the Middle East Region
The three-year project aims to restore electricity supply to 1.4 million Yemenis (200,000 households), 400 health facilities and 800 schools.
The project will also strengthen the existing solar market in Yemen through targeted financing to the private sector which will expand its reach to the poor and vulnerable. Working with the Yemeni private sector will help create hundreds of jobs.
Solar power has proved to be the most immediate solution for severe energy shortages throughout Yemen.
A booming solar industry has developed since the beginning of the crisis, employing thousands of Yemenis and providing basic electricity services in a situation with few alternatives. But the high cost of the products still represents a barrier for the poor and most vulnerable.
With this new financing, IDA emergency grants to Yemen issued since July 2016 have totaled $1.22 billion. ■