The development objectives of the Second Rural Electrification and Renewable Energy Development Project for Bangladesh are to increase access to clean energy in rural areas through renewable energy and to promote more efficient energy consumption. This project paper seeks the approval of the Executive Directors to provide an additional credit to the Bangladesh Rural Electrification and Renewable Energy Development II (RERED II) Project. The additional financing is required to scale up the access to electricity component supporting installation of solar home systems (SHS) in rural areas of Bangladesh. This project paper also seeks approval for a Level I restructuring of the RERED II project to: (1) close Component C (energy efficient lighting), (2) reallocate the US$17 million from Component C to Component A ($12 million - Access to electricity) and Component D ($5 million - Sector technical assistance), and (3) revise the RERED II Project Development Objective (PDO) to increase access to clean energy in rural areas through renewable energy to reflect the closure of Component C (the results indicators would also be revised in this regard). The original objective was to increase access to clean energy in rural areas through renewable energy and to promote more efficient energy consumption.
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World Bank
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Renewable energy
Bangladesh
Mitigation in the pulp and paper industry
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