Energy finance in Iraq
Iraq has 3 active World Bank energy projects, with $950 million committed, the 15th largest of 102 countries. 100.0% of its people had electricity in 2024.
- Committed
- $950m
- Projects
- 3
- Per person
- $20
- Electricity access
- 100%
Active projects
-
The Project is to support the Republic of Iraq in the reconstruction of damaged infrastructure and the restoration of public services delivery in Targeted Municipal Areas.
- Emergency Operation for Development$350 million
The Project is to support the Republic of Iraq in the reconstruction of damaged infrastructure and the restoration of public services delivery in Targeted Municipal Areas.
-
To improve the reliability and operational and commercial efficiency of electricity services in the selected project areas.
Source: World Bank Group, updated 23 Oct 2026.
Who else finances energy in Middle East
- World Bank (IBRD and IDA)Loans, credits and grants to governments for generation, transmission, distribution and access. Co-leads Mission 300 with the African Development Bank, which aims to connect 300 million Africans to electricity by 2030.
- IFCEquity and loans for private power producers, utilities and off-grid companies; the World Bank Group’s private-sector arm.
- MIGAPolitical-risk insurance and credit enhancement that make cross-border energy investments bankable.
- SEFAGrants and concessional finance for project preparation, mini-grids, clean cooking and green baseload, managed by the African Development Bank.
- OPEC FundPublic- and private-sector loans and grants in developing countries, with energy among its core sectors.
- IsDBSharia-compliant finance for power, renewables and energy access in its member countries.
- GCFGrants, concessional loans, equity and guarantees for low-emission and climate-resilient projects, through accredited entities.
- CIFConcessional finance, delivered through the multilateral banks, for clean technology, renewables in low-income countries and coal transition.
- EIBThe EU’s lending arm: loans for renewables, grids and efficiency inside and outside Europe.
All lenders · How energy projects are financed · Designing a fund? CEII Fund Advisory