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Thursday March 28, 2024

Renewable energy workshop held

By our correspondents
April 30, 2017

ISLAMABAD: United Nations Industrial Development Organization (UNIDO) on Saturday launched a two-day workshop on national policy framework for renewable energy and energy efficiency for industrial sector.

According to a statement, the workshop highlighted the current institutional policy framework on renewable energy and energy efficiency in Pakistan and drawing inferences from other countries in the region.

“Within the framework of one of its ongoing projects entitled “Sustainable Energy Initiative for Industries in Pakistan”, which is funded by Global Environment Facility (GEF),  the ultimate goal of this UNIDO and GEF Project is to avoid Green House Gas (GHG) emissions by developing and promoting a market environment that will stimulate investments in industrial development in renewable energy and energy efficiency project in industry which, in turn, will support industrial development in Pakistan,” the UNIDO said in the statement.

It further said that this UNIDO and GEF project seeks to promote the adoption of renewable energy and energy efficiency technologies and services in industries.

“This will be achieved through demonstrating the technical feasibility and commercial viability of the renewable energy and energy efficiency projects, strengthening the institutional capacity and establishing a favourable policy and legal environment that enables and supports renewable energy and energy efficiency investment projects,” the UN’s organisation said.