PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607934

Primary Business Area

Other

Disclosure Date

Mar 9, 2026

Country

Philippines

Region

East Asia and the Pacific

IFC Approval Date

Jun 5, 2025

Status

Active

Estimated Total Budget

$1,313,837.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 10, 2026

Project Estimated Start Date

Jun 2, 2025

Project Estimated End Date

Aug 31, 2026

Client Legal Name

DOE

Project Description

This Project is intended to help the Philippines establish a conducive market for offshore wind (OSW) with the ultimate goal to mobilize private sector investment and technological innovation. Support will be provided through integrated and just-in-time WBG advisory services to DoE throughout the process of tendering and contracting OSW projects to be developed in the form of Independent Power Producers (IPPs). The support will be focused on 3 components: 1. Supporting DOE in GEAP-5 preparation 2. Supporting DOE and related government agencies in rollout of OSW implementation 3. Training and capacity building of DOE and related government agencies through the course of the project.

Development Results

E&S Risks / Impacts and Mitigation