In its Business Plan FY25-30, Energy Sector Management Assistance Program (ESMAP) aims to support client countries on three overarching objectives: (i) ensure universal access to affordable, reliable, and modern energy services by 2030
(ii) accelerate the transition towards a sustainable, just, and decarbonized energy system
and (iii) ensure the resilience and adaptation of the energy sector to the growing impacts of climate change and other shocks. The Business Plan has two focus areas: energy access and energy transition. The energy access focus area helps World Bank clients achieve results on the ground and will employ three approaches: (i) catalytic incentives to facilitate private sector investments and connections, (ii) hands-on implementation support, and (iii) tailored solutions for all beneficiary groups. The energy transition focus area will be implemented through three complementary workstreams: (i) scaling up renewable energy, storage, and clean hydrogen
(ii) scaling-up energy efficiency and decarbonization of end-use sectors
and (iii) transitioning away from unabated fossil fuel. These workstreams will be supported by the Financial Innovation Window designed to provide last-resort project de-risking and incentives for innovation and resilient investment. All workstreams will support economic and leadership opportunities for women and excluded groups.