World Bank Solar Risk Mitigation Initiative (SRM) under Energy Sector Management Program (ESMAP)

The Energy Sector Management Program is a trust fund that supports a host of technical assistance and knowledge work in support of advancing global energy goals and client governments. The SRMI was launched at the COP 24 in December 2018 by the World Bank’s Energy Sector Management Assistance Program (ESMAP), the Agence Francaise de Developpement (AFD) and the International Solar Alliance (ISA), and joined recently by the International Renewable Energy Agency (IRENA). SRMI is an integrated approach to solar deployment that will leverage private sector investments, bilateral and multilateral development, finance, and concessional climate finance.