Nepal Aims for 28,500 MW Electricity by 2035
Nepal Aims for 28,500 MW Electricity by 2035

Nepal Aims for 28,500 MW Electricity by 2035

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At the National Economic Dialogue (NED) on March 3, 2025, Ghana's Finance Minister highlighted the need for a progressive economic agenda focused on climate resilience and energy justice, despite a lack of emphasis on climate investments. Ghana is facing a significant climate finance gap, with estimates suggesting the country needs $16.3 billion annually for climate adaptation and mitigation, yet only 14% of climate finance is publicly controlled. There are calls for innovative financing mechanisms to alleviate mounting debt and avoid cycles of fiscal subjugation as climate disasters worsen. In the UK, concerns were raised about the rapid rollout of new energy infrastructure, emphasizing the need for community benefits to ensure fair compensation to local residents affected by projects like solar farms. Meanwhile, Nepal is pursuing an ambitious 'Energy Development Roadmap' aiming to produce 28,500 MW of electricity by 2035 to support its development goals, highlighting the importance of investment in energy generation. The roadmap also seeks to reform policies and attract investments to facilitate this energy transition, which is crucial for economic growth.

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