Claen Energy Transition And A Green Recovery Of Pakistan
- Energy policymakers of Pakistan need to put a focus on energy efficiency and conservation measures, review the existing net metering policy and consider a mechanism for cost recovery from prosumers for network usage, include T&D costs in its economic assessment, and consider levelized cost of storage (LCOS) for grid-connected and home energy storage systems. This would lead to medium- and long-term socio-economic benefits.
- In power system planning, the National Transmission and Dispatch Company (NTDC) needs to reflect operational constraints in long-term system planning and have a higher granularity of grid modelling. Further, for system planning for climate neutrality, there is a need for integrated modelling of the power sector with heat, gas, and transport systems.
- The National Electricity Policy requires the next iteration of the Indicative Generation Capacity Expansion Plan (IGCEP) to be accompanied by the Transmission Expansion Plan (TEP), which will allow for a better comparison of electricity generation and transmission costs.
- The role of energy efficiency and conservation in green recovery has been missing from the landscape of energy planning. SBP has provided a financing window for renewable energy, and the same needs to be designed for energy efficiency and conversation techniques.
- A clean energy transition agenda for the corporate sector should revolve around clean energy targeting rapid penetration of RE in the system, ii) clean materials, i.e., moving away from plastics, and providing an enabling ecosystem to enable youth for climate action in Pakistan.
- Sustainable finance must be secured at the project level, for implementing partners, and at the community level, for household impact and adaptation.
- To overcome long-term financial lock-in of the power sector, Energy Transition Mechanism (ETM) project in collaboration with Asian Development Bank (ADB) needs to be extensively utilized especially for the buyout of coal-based power plants.
- Authorities must update national greenhouse gas (GHG) inventory and prepare for accounting the nationally determined contributions (NDCs).
- The Government should focus more on developing a robust public-oriented green policy to enhance the adaptation capacity of vulnerable communities to prepare them for the climate-induced risks.
- Management of already established parks should be focused rather than establishing new parks, and the Government should involve the public in developing green initiatives with proper management plans and follow-up.
- Government should invest in research to evaluate the map co-benefits provided by blue carbon ecosystems.
- Authorities should focus on improving land management by better agronomic practices and tillage, judicious fertilizer use, and restoring degraded rangelands.
