A renewable energy strategy for Lao PDR

Lao PDR recognises that a secure and sustainable energy supply is crucial to the transformation of the country into a resilient, prosperous, rules-based and integrated within the ASEAN economic community. It also recognises the importance of engaging internationally in the global energy policy debate. The pace of implementation and, most importantly, the sustainability of the renewable energy strategy will hinge on the willingness of the country to act to reform and liberalise our energy sectors. This particularly involves action on cost-reflective fossil-fuel pricing and electricity tariffs, and removing fuel and tariff subsidies while still providing for the needs of the poorest consumer. International experience has shown that such action is crucial to encourage sustained private-sector investment and the deployment of renewable energy, energy efficiency and clean energy technologies.