A World Bank project will infuse $35 million into Haiti’s economy to to scale up renewable energy investments and improve electricity access for Haitians. The project – which entails two grants from two separate World Bank grant programs – will consist of two components: 1) grid-connected energy, such as solar PV to demonstrate viability, while improving the regulatory environment for future investments, and 2) off-grid electrification for households, businesses, and communities not served by the Haitian utility.
Both projects will be implemented by the energy cell of the Ministry of Public Works, Transport and Communications (MTPTC in French). The Renewable Energy for All project is financed by a US$ 19.62 million grant from the Scaling-up Renewable Energy Program (SREP); and the Modern Energy Services for All project is financed by a US$ 15.65 million grant from the Clean Technology Fund (CTF). The funding comes from the $8.3 billion Climate Investment Funds (CIF) that provides more than 70 developing and middle-income countries worldwide with assistance in tackling the challenges of climate change and reducing greenhouse gas emissions.