1、The Path to Sustainable and Affordable Energy for AllNOVEMBER 2024ReportRepurposing Power MarketsPage iiREPURPOSING POWER MARKETSIFCIFCa member of the World Bank Groupis the largest global development institution focused on the private sector in emerging markets.We work in more than 100 countries,us

2、ing our capital,expertise,and influence to create markets and opportunities in developing countries.In fiscal year 2024,IFC committed a record$56 billion to private companies and financial institutions in developing countries,leveraging private sector solutions,and mobi-lizing private capital to cre

3、ate a world free of poverty on a livable planet.For more information,visit www.ifc.org.Page 1 Repurposing Power Markets The Path to Sustainable and Affordable Energy for All Page 2REPURPOSING POWER MARKETSAcknowledgmentsThis report was prepared by a team led by Elcin Akcura(Senior Energy Economist,W

4、orld Bank)and Ayooluwa Olusola Adewole(Infrastructure Economist,IFC)under the supervision of Pablo Fajnzylber(Director,IFC)and Omar Chaudry(Manager,IFC)at IFCs Development Impact Measurement Department.The report benefitted from the guidance of Susan Lund(Vice President,Economics and Private Sector

5、Development,IFC)and Riccardo Puliti(Regional Vice President,Asia and the Pacific,IFC).The lead authors were Elcin Akcura,Ayooluwa Olusola Adewole,and Emelly Mutambatsere(Manager,IFC).Daniyal Hashmat Ullah(Infrastructure Economist,IFC),Ron Leung(Consultant,IFC),and Tosin Kolajo Gbadegesin(Consultant,

6、IFC)provided research assistance.The report benefitted from feedback from the following peer reviewers:Vivien Foster(Principal Research Fellow,Imperial College London),Alan F.Townsend(Principal Industry Specialist,IFC),David Loew(Senior Energy Economist,World Bank),and Tatyana Kramskaya(Senior Energ