The World Bank approved a USD400mn loan to support the Dominican Republic Government’s measures to broaden transparency, accountability, and efficiency in the energy sector, increase access to reliable and affordable energy, and support the transition to cleaner, low-carbon energy sources. The Electricity Reform for Sustainable Growth Development Policy Loan (DPL) is the second of two operations and it will continue to support fundamental policy and institutional reforms in the country’s energy sector. The first operation in the series was approved on March 31, 2022.

Source:  ESGNews