Haiti to Receive $25 Million IDB Grant For Energy Sector Reform
Above: the Peligre hydro plant
By the Caribbean Journal staff
The Inter-American Development Bank has approved a $25 million grant for energy sector reform in Haiti.
The donation will include $22 million from the IDB Grant Facility and $3 million from the Haiti Reconstruction Fund.
The grant is one of three in a series of policy-based operations that focus on “providing budgetary support to the government of Haiti as it carries out energy policy reforms,” the IDB said.
The funding will target problems like electricity theft and fraud, improving the management of Haiti’s Electricite d’Haiti utility and enhancing the overall capacity of the energy sector.
The IDB has been working with several energy projects in Haiti, most notably the efforts to restore the Peligre hydroelectric plant.
