Pakistan to make energy transition, investment plan, UN body told
Pakistan has informed the ‘SEforALL Global Forum 2025’ its intention to develop an ‘Energy Transition and Investment Plan’ (ETIP), a strategic initiative aimed at accelerating the country's shift towards a clean, affordable and sustainable energy future.
The Sustainable Energy for ALL, an international non-governmental organistaion, was launched by the United Nations Secretary General in 2011 to drive action towards achieving Sustainable Development Goal-7: ensuring access to sustainable energy for all by 2030.
At the closing plenary session of the two-day event in Bridgetown, Barbados, Adviser to Prime Minister Mohammad Ali spelt out the comprehensive plan, stating that it would serve as a roadmap towards a sustainable, secure and inclusive energy future and would help Pakistan in four broad areas.
These areas are: to develop a long-term investment roadmap to transition to a cleaner and more resilient energy system; ensure energy security by identifying cost-effective renewable energy solutions that reduce dependency on volatile fuel imports; support a just transition, creating green job opportunities and safeguarding industrial competitiveness in a decarbonising world; and enhance financial viability by attracting investments in energy infrastructure and addressing systemic inefficiencies.
“The United Nations has been an indispensable partner in our pursuit of sustainable energy solutions and despite demands from a number of countries across the world, SEforALL agreed to work with the government in developing Pakistan's Energy Transition and Investment Plan,” said the adviser at the forum.
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