The World Bank has approved a USD 430 million financing package for Tunisia’s energy sector under the Tunisia energy reliability, efficiency, and governance improvement program. This includes USD 30 million in concessional financing from the climate investment funds. The five-year initiative aims to improve power sector governance, enhance the performance of national utility STEG and accelerate renewable energy and energy efficiency deployment. The programme aligns with Tunisia’s Energy Transition Strategy and is expected to help lower the carbon intensity of electricity generation while improving supply reliability for consumers.
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