OUR HERITAGE
Offshore Wind Financing Study
Advised on Financing Study for Offshore Wind Power Expansion in Emerging Markets
The World Bank Energy Sector Management Assistance Program and IFC conducted a study to assess the role of concessional climate financing to accelerate the deployment of offshore wind from Latin America, Africa to Asia. The report found that US$15B in concessional climate financing could catalyze offshore wind deployment across ten emerging market countries.
Sector
Energy and Natural Resources
Unique Challenge
A global offshore wind investment program could help avoid 416 million metric tons of greenhouse gas emissions
Sub-sector
Wind
Deal Impact in Numbers
Support for ten pathfinder projects of 500-1,000 MW each, for directly avoiding 416MM mt of greenhouse gas emissions over the projects' lifetimes
Year
2021
SDGs

Deal Impact in Lives
The projects are expected to provide competitively priced clean power, diversifying the energy supply mix
Location
Asia, Africa, Americas, Middle-East

