The World Bank, through the International Finance Corporation (IFC), has issued a USD 3.45 million grant to help the government of Myanmar finance an off-grid solar program.

The programme is co-funded by the Global Partnership for Results Based Approaches (GPRBA) and the Energy Sector Management Assistance Programme (ESMAP) and will be implemented by the Department of Rural Development, which will provide sub-grants to the private sector to develop supply chains for quality solar products.

IFC has supported the creation of the first commercial market for off-grid solar energy services in Myanmar under the Lighting Myanmar program, spurring the sale and financing of nearly 90,000 quality verified solar products. Half the population of Myanmar lacks access to grid electricity. In rural areas, where most people live, over two-thirds of households rely on candles, kerosene, low-quality batteries and diesel generators to meet their energy needs.

“The new grant will not only help deliver economic and social benefits for rural families, it will also contribute to social inclusion by providing affordable, quality solar products and by creating jobs through the expansion of supply chains in rural and remote areas.” said Mariam Sherman, World Bank country director.