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Publication(Washington, DC, 2022) World BankThis report is the product of the technical assistance to develop a business model to finance and scale up e-mobility in Uruguay provided by the World Bank and funded by the Mobility and Logistics (MOLO) Trust Fund. The report systematically analyzes international experiences and synthesizes them as stylized business models. Combining key learnings from other countries and an in-depth assessment of the regulatory and fiscal framework in Uruguay, the report formulates five alternative business models. In a next step, it evaluates these models under different scenarios regarding their expected financial and fiscal impacts. Combining key learnings from other countries and an in-depth assessment of the regulatory and fiscal framework in Uruguay, the report formulates five alternative business models. In a next step, it evaluates these models under different scenarios regarding their expected financial and fiscal impacts. The Uruguayan experience in terms of e-bus deployment since 2019 has shown to be effective based on an integrated assets model (Bus service providers (BSPs) own chassis, batteries, and charging stations), financed through a combination of a fleet renewal trust fund from the Municipality of Montevideo and an investment subsidy from the Government of Uruguay. Beyond the public investment subsidy, the Municipality of Montevideo trust fund for fleet renewal has managed to get financing and guarantees at a moderate interest rate, helping to mitigate the high investment cost of e-buses.
Publication(Washington, DC, 2022) World BankThe Government of Pakistan (GOP) has adopted ambitious national renewable energy (RE) targets under the RE policy 2019. The policy sets out a growth trajectory for grid connected, non-hydro renewables, mandating at least 20 percent renewables in the country’s installed power generation capacity by 2025 and 30 percent by 2030. The government has simultaneously approved a comprehensive power generation capacity expansion plan, the integrated generation capacity expansion plan 2021-2030. Since large hydropower makes up the bulk of capacity additions in the IGCEP, new wind, solar, and bagasse projects in the IGCEP account for approximately 11,700 MW compared to 16,300 MW of non-hydro RE needed to meet the national RE targets. To capitalize on the employment creation potential of the RE targets and the IGCEP, policy makers will have to anticipate changes in workforce trends and develop a preemptive plan to manage skill requirements and prevent workforce shortages. This study was commissioned by the World Bank to facilitate cohesive RE workforce planning and identify skill gaps that can inhibit RE investments in Pakistan. The findings of the study will help inform skill development in RE by providing policy makers and other stakeholders, including the higher education commission (HEC) and the national vocational and technical training commission (NAVTTC), with indicative employment projections required for long-term planning.