New Swedish Contribution to GPOBA

January 22, 2010|Other news items
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The Swedish International Development Cooperation Agency (Sida) has made a one-time contribution of SEK 65 million (approximately US$8.9 million) to the Global Partnership on Output-Based Aid (GPOBA) to support the program’s efforts to improve delivery of basic services to the poor in developing countries. 

Sida has expressed interest in using part of this contribution to invest in a renewable energy scheme in Bangladesh.

The scheme will extend electricity access to more than 140,000 households, mainly in remote areas, through installation of solar home systems.

Sida joined GPOBA in December 2007 with an initial contribution of approximately US$7 million. 

Sida website