{"id":190984,"date":"2024-06-19T16:35:34","date_gmt":"2024-06-19T16:35:34","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/"},"modified":"2024-06-19T16:35:34","modified_gmt":"2024-06-19T16:35:34","slug":"world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/","title":{"rendered":"World Bank says it is committed to supporting recovery of Ghana\u2019s energy sector &#038; financial sustainability \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Robert Taliercio, World Bank Country Director for Ghana, Liberia, and Sierra Leone has said the World Bank is committed to supporting the recovery of Ghana\u2019s energy sector and its financial sustainability.<\/strong><\/p>\n<p>He was commenting on the approval of a $250 million credit from the International Development Association (IDA) for Ghana by the World Bank.<\/p>\n<p>The Bretton Woods institution also approved an additional $10 million grant from the Energy Sector Management Assistance Programme, to support a 4-year Ghana Energy Sector Recovery Programme for Results (PforR) to improve the financial viability of electricity distribution and increase access to clean cooking solutions, by the World Bank<\/p>\n<p>The PforR will provide financing directly to energy sector utilities to implement capital expenditure programs and complement regulatory and policy reforms of the energy sector supported under the World Bank\u2019s Development Policy Financing series and the ongoing IMF Extended Credit Facility Programme for Ghana.<\/p>\n<p>The Clean Cooking Component of the Programme will increase the access of Ghanaian households, schools, and businesses to Liquified Petroleum Gas for domestic and commercial use. The PforR will provide direct incentives to subsidize the cost of stoves and accessories.<\/p>\n<p>The ESRP is expected to provide a wide range of benefits to consumers which includes market development, affordability, energy access and equity, health and environmental protection against air pollution and associated health risks.<\/p>\n<p>Robert Taliercio said \u201cThrough this important results-based financing, the World Bank is committed to supporting the recovery of Ghana\u2019s energy sector and its financial sustainability. The operation aims to strengthen revenue collection and improve the quality of energy supply through investments in prepaid metering and in the commercial and meter management systems of distribution utilities,\u201d.<\/p>\n<p>Minister for Finance, Dr Mohammed Amin Adam also said, \u201c the Government of Ghana is grateful to the World Bank for their support in the attainment of the Sustainable Development Goals (SDGs), particularly Goal 7 (Affordable and Clean Energy). Our quest to achieve financial viability in electricity distribution and increasing access to clean cooking solutions is essential for building sustainable energy systems that support economic development, improve public health, and protect the environment while promoting energy access and equity for all\u201d.<\/p>\n<p>He continued that \u201cour access to sustainable energy is not just about powering homes and businesses, it\u2019s about empowering communities, protecting the environment, and fostering inclusive and sustainable development\u201d.<\/p>\n<p>The Energy Sector Management Assistance Programme provides knowledge, technical assistance, and advisory services to help countries enhance their institutional capacity and implement sustainable energy solutions.<\/p>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robert Taliercio, World Bank Country Director for Ghana, Liberia, and Sierra Leone has said the World Bank is committed to supporting the recovery of Ghana\u2019s energy sector and its financial sustainability. He was commenting on the approval of a $250 million credit from the International Development Association (IDA) for Ghana by the World Bank. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":190985,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-190984","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>World Bank says it is committed to supporting recovery of Ghana\u2019s energy sector &amp; financial sustainability \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank says it is committed to supporting recovery of Ghana\u2019s energy sector &amp; financial sustainability \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Robert Taliercio, World Bank Country Director for Ghana, Liberia, and Sierra Leone has said the World Bank is committed to supporting the recovery of Ghana\u2019s energy sector and its financial sustainability. He was commenting on the approval of a $250 million credit from the International Development Association (IDA) for Ghana by the World Bank. The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-19T16:35:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-835.png\" \/>\n\t<meta property=\"og:image:width\" content=\"295\" \/>\n\t<meta property=\"og:image:height\" content=\"282\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"World Bank says it is committed to supporting recovery of Ghana\u2019s energy sector &#038; financial sustainability \u2013\",\"datePublished\":\"2024-06-19T16:35:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/\"},\"wordCount\":426,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/image-835.png\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/\",\"name\":\"World Bank says it is committed to supporting recovery of Ghana\u2019s energy sector & financial sustainability \u2013 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/image-835.png\",\"datePublished\":\"2024-06-19T16:35:34+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/image-835.png\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/image-835.png\",\"width\":295,\"height\":282},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/19\\\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"World Bank says it is committed to supporting recovery of Ghana\u2019s energy sector &#038; financial sustainability \u2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"World Bank says it is committed to supporting recovery of Ghana\u2019s energy sector & financial sustainability \u2013 - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/","og_locale":"en_US","og_type":"article","og_title":"World Bank says it is committed to supporting recovery of Ghana\u2019s energy sector & financial sustainability \u2013 - Ghanamma.com","og_description":"Robert Taliercio, World Bank Country Director for Ghana, Liberia, and Sierra Leone has said the World Bank is committed to supporting the recovery of Ghana\u2019s energy sector and its financial sustainability. He was commenting on the approval of a $250 million credit from the International Development Association (IDA) for Ghana by the World Bank. The [&hellip;]","og_url":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/","og_site_name":"Ghanamma.com","article_published_time":"2024-06-19T16:35:34+00:00","og_image":[{"width":295,"height":282,"url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-835.png","type":"image\/png"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"World Bank says it is committed to supporting recovery of Ghana\u2019s energy sector &#038; financial sustainability \u2013","datePublished":"2024-06-19T16:35:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/"},"wordCount":426,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-835.png","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/","url":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/","name":"World Bank says it is committed to supporting recovery of Ghana\u2019s energy sector & financial sustainability \u2013 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-835.png","datePublished":"2024-06-19T16:35:34+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-835.png","contentUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/06\/image-835.png","width":295,"height":282},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/06\/19\/world-bank-says-it-is-committed-to-supporting-recovery-of-ghanas-energy-sector-financial-sustainability\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"World Bank says it is committed to supporting recovery of Ghana\u2019s energy sector &#038; financial sustainability \u2013"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/190984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=190984"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/190984\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media\/190985"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=190984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=190984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=190984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}