Environmental Sustainability and Energy Sector (ESES) DPL3

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The development objective of the Third Programmatic Environmental Sustainability and Energy Sector (ESES) Development Policy Loan (DPL) Program to be supported by ESES DPL3 is to help: a) enhance energy security by promoting private sector clean technology investments and operations; b) integrate principles of environmental sustainability, including climate change considerations, in key sectoral policies and programs; and c) improve the effectiveness and efficiency of environmental management processes. The program supported by this ongoing DPL series has a focus on the energy sector and greenhouse gas emissions. There are four main risks to the program's outcomes: 1) economic risks; 2) political risks; 3) implementation and social risks in the energy sector; and 4) program and implementation risks in the climate change and environmental management areas.