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2.4 2.6 • • • To ensure adequate supply of energy, energy efficiency and conservation throughout the country and promote cultivation of fuel crops for the production of bio-fuels to replace imported fossil fuels; To bring socio-economic benefits, including: o development of RE industry, contribution to national economic growth; o contribution to poverty reduction through improved livelihoods (income generation from RE production and employment opportunities inclusive of vulnerable groups to ensure decreased income disparities), and; o increased gender equality. To ensure environmentally and socially sustainable development through enforcement of adequate safeguards to ensure: o local communities’ food security, and secure access to adequate land to meet and develop their livelihoods for all ethnic groups with special focus on women; o forest cover, biodiversity, agrobiodiveristy, and soil and water quality; o reduction of green-house gases through replacement of fossil fuels and control of negative land conversion impacts from climate change. T argets for 2025 The Government aims to increase the share of renewable energies to 30% of the total energy consumption in 2025. To reduce the importation of fossil fuels, the Government outlines a tentative vision to reach 10% of the total transport energy consumption from biofuels. This target will be regularly revisited and revised, feeding in results of special studies, lessons learned from on-going implementation, and international technological developments in the field of RE. 2.5 Scope of Policy The government policy is to promote investments in energy production from public and private sectors, and from local and foreign investors. The focus is on the development of the following: • • • • Biofuels; Small power Other renewable energies such as solar, biomass, biogas and wind; Other alternative fuels for transportation. Development Strategy Lao PDR has experienced rapid economic growth since the past decade. During the past five years the economy grew between 7-8 per cent per year while the industrial growth rate has doubled and reached 14 percent in 2007. The success in the development of electricity and mines has helped spawn this rapid economic growth. 16PDF Image | Renewable Energy Development Strategy in Lao PDR
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