Pakistan aims for 60% clean energy by 2030

Pakistan aims for 60% clean energy by 2030

Federal Minister for Planning and Development Ahsan Iqbal on Thursday stressed the need for honouring the pledges and commitments to investing $600 billion in clean energy. “We welcome the Global Roadmap for Accelerated Sustainable Development Goals (SDGs) Action, developed in the 2021 highlevel dialogue and over 200 Energy Compacts, including pledges of $600 billion… yet actions have to match the pledges and commitments,” he said.

The minister was addressing a high-level luncheon on “Accelerating SDG 7 Action for the 2030 Agenda and the Paris Agreement: Universal Energy Access” held at the United Nations headquarters. In September 2021, the UN General Assembly’s summit-level event on energy was held for the first time in 40 years. It closed with the presentation of 137 voluntary commitments to action, known as “Energy Compacts,” with total pledges of around $400 billion, which later increased to $600 billion with over 200 Energy Compacts.

Iqbal said it was obvious that achieving the SDG 7, which called for universal access to clean and sustainable energy, was indispensable for progress on all the 17 SDGs as well as climate goals. He pointed out that Pakistan’s policy was driven by three objectives including universal access to energy, doubling the share of renewable energy, and doubling the rate of energy efficiency and conservation. “Our aim is that by 2030, 60% of our energy will be clean and renewable. Pakistan’s solar and wind power potential is over 40,000 megawatts.

Retrieved from: https://tribune.com.pk/story/2366224/pakistan-aims-for-60-clean-energy-by-2030 

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