What's Happening?
Minister for Energy, Water Resources and Irrigation, Kulman Ghising, announced plans to mainstream renewable energy in Nepal's energy strategy during a meeting with the Renewable Energy Confederation Nepal (RECON). Ghising emphasized the importance of renewable energy in achieving Nepal's net-zero emissions goal by 2045. The RECON delegation submitted a memorandum advocating for the implementation of the Renewable Energy and Energy Efficiency Act, 2080, and increased private-sector involvement in energy regulation. Recommendations included net-metering, decentralized manufacturing, and rooftop energy integration, alongside employment opportunities for Gen-Z.
Why It's Important?
Mainstreaming renewable energy is crucial for Nepal's sustainable development and environmental goals. Ghising's commitment reflects a significant policy shift towards cleaner energy sources, which can reduce carbon emissions and foster economic growth. The focus on private-sector involvement and employment generation highlights the potential for renewable energy to drive innovation and create jobs, particularly for young people and marginalized communities. This approach aligns with global trends towards sustainable energy solutions and positions Nepal as a proactive player in climate action.
