World Bank Launches $2.5 Billion Program to Accelerate Renewable Energy in East Asia and Pacific

The World Bank has unveiled its $2.5 billion Accelerating Sustainable Energy Transition Program, aimed at advancing the shift of developing countries in East Asia and the Pacific toward renewable energy sources. The program is projected to add 2.5 gigawatts of renewable energy capacity, equivalent to 50 utility-scale solar farms or over 1,000 wind turbines. It