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Experts Call for Policy Coherence & Innovative Financing to Boost Clean Energy Investment in Pakistan

15 0
25.02.2025

Experts at a High-level Roundtable, reinforcing the critical role of Mini/Micro Hydropower Plants (MHPPs) in Pakistan’s clean energy transition, has stressed the urgent need for policy coherence, innovative financing, and strengthened institutional frameworks to achieve long-term sustainability and investment in renewable energy. They also urged the government to integrate microgrids into the country’s Nationally Determined Contributions (NDCs) to attract climate finance.
The roundtable titled, ‘Scaling the Potential of Mini/Micro Hydropower Plants (MHPPs) in Khyber Pakhtunkhwa & Gilgit-Baltistan: Opportunities and Instruments,’ was organized by Sustainable Development Policy Institute (SDPI) in collaboration with Pakistan-German Energy and Climate Partnership (PGCEP) here.
Mr Sebastian Jacobi, Director of KfW, reaffirmed the German Development Cooperation’s commitment to supporting Pakistan’s transition to clean energy, saying that €200 million has been allocated for hydropower initiatives in Khyber Pakhtunkhwa (KP) and Gilgit-Baltistan (GB) to strengthen the energy infrastructure.
Dr Abid Qaiyum Suleri, Executive Director of SDPI, said MHPPs provide cost-effective renewable energy to underserved communities, which need enhanced provincial policy support, public-private partnerships (PPPs), concessional financing, and access to climate funds. He also underscored the potential of carbon markets in ensuring long-term financial sustainability through the sale of carbon credits.
Dr Sebastian Paust, Head of Development Cooperation at the German Embassy, stressed the need for........

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